Said in December 2022 Hertha-President Kay Bernstein (42) the “Kicker”: “This and the following season are fully financed.” You have “no liquidity problems”.
Just over five months later, the club paints a completely different, alarming picture of its finances. The Bundesliga relegated appeals in a dramatic letter to bondholders of the €40 million bond maturing in November, deferring repayment for a further two years to 2025.
According to BILD information, however, 777 should be obliged to step in financially if the bond plan fails. That could mean: The dramatic rescue call to the bondholders is possibly an attempt to put the creditors under pressure with a drastic horror scenario.
Whatever the case, Hertha’s condition is life-threatening. It remains to be seen whether the rescue will succeed.
2023-05-23 20:11:50
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