Work begins on November 20th in the Volksparkstadion. Then excavators roll up, jackhammers will rattle.
After HSV board member Dr. Thomas Wüstefeld (53) presented his 24 million financing model to the supervisory board, the remaining orders can now go to the trades.
HanseMerkur has been the new main sponsor of HSV since this season and will pay three million euros annually until 2025. But not only that: now the insurance company is also taking on the financing of the stadium renovation. The “Hamburger Abendblatt” reported first. Not an unusual act. Granting loans is one of the usual business areas of the Hamburg company.
But: The money will only flow when the financial injection is guaranteed by guarantors. Could the city of Hamburg come into play again?
