Hertha BSC: Financial squeeze – in an emergency, the club saves itself

Football Financial pinch

In an emergency, Hertha saves itself

Status: 18:07 | Reading time: 3 minutes

Where are the Berliners headed? It is clear that he will be rocky and full of deprivation

Those: pa/dpa/Soeren Stache

Second division relegated Hertha BSC has to save a lot. The financial need is immense. The Berliners are trying everywhere to postpone payments and reduce costs. The employees at the lunch table are now also feeling this.

Plans were recently made public as to how Hertha BSC should be given financial support in the fight for the club’s existence. The need is great, which is why the second division team will be deferred the rent for the Olympic Stadium in the coming season, according to reports in “Bild” and “Kicker”. Accordingly, the badly hit club has reached an agreement with the Senate Department for the Interior and Sport. Similar agreements were made after the Bundesliga relegations in 2010 and 2012. Hertha would have to pay the rent, which totals almost three million, plus interest at a later date.

The help from the outside now follows the savings hammer inside. He meets the staff. They should no longer get free food Hertha’s professional squad currently has eight expensive stars on the payroll, which the club can no longer afford after being relegated from the Bundesliga. According to a report by “Bild”, they cost 36,000 euros a day and should be sold quickly. Nothing is as scarce at Hertha as money, and that now has consequences for the employees. Pablo Thiam (Head of the Young Talent Center) and Marcus Jung (Media Director) were recently released and the entire Corporate Social Responsibility department (eight people) was dissolved.

Now there is the next incision. As BILD reports, in addition to the downsizing, the 50 to 60 employees of the Hertha Academy (including those responsible for sport in all junior teams) have now had their previously free food canceled. They now have to dine and pay for themselves in Greens, a bistro in the Olympic Park right next to the Hertha cabin. The former gymnasium is used as a canteen for the Poelchau high school. The sport’s elite school has been working closely with Hertha for many years.

Koch, minibuses – what’s next?

In the summer of 2022, ex-manager Fredi Bobic and ex-youth leader Thiam hired team cook André Göldner – and combined the free catering for professionals and academy players, including employees, in one location. The aim was to promote the cooperation and merging of the junior and professional departments. That’s over now. It is also questionable how things will continue with Göldner, who also works for Germany’s U21, after his return from the U21 European Championship at Hertha. Will his position also fall victim to the austerity hammer? Because it saves even more.

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The minibuses that the junior teams used to drive to games or tournaments were also eliminated. The arrival of the talents is now largely self-reliant. Free soft drinks in the office, where the wave of layoffs is only just beginning, have also been eliminated. The atmosphere among the employees is correspondingly tense. After relegation, Hertha wants to part with around 50 employees. Nothing and nobody seems safe in front of Hertha’s savings hammer.

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