HanseMerkur’s Investment in HSV Fuβball AG Sparks Shareholder Discontent

At HSV there is obviously a need to talk…

The minutes of the general meeting on December 13, 2023 also talk about the main sponsor HanseMerkur. The Hamburg insurance company – which will pay 3 million euros per season for the second division team’s jerseys until 2025 – is now also a shareholder in HSV Fußball AG. But some other shareholders don’t like that.

Wild Wilmots debut Schalke slapstick against ice-cold HSV

Source: Image January 20, 2024

They criticize “what they believe to be a lack of added value from the new shareholder” and threaten “that they would consider selling their shares, especially since the character of the investment would change with the new entry. None of the shareholders mentioned would have seen the investment in HSV Fußball AG as a pure financial investment, but rather would have wanted to support HSV.”

Also interesting

Advertisement

Also interesting

Advertisement

What does HanseMerkur say about this?

The company even changed the company logo on the Hamburg chest for its HSV commitment. Instead of green and white (which reminded some fans too much of their northern rivals Werder Bremen), the lettering on the jerseys is black.

In response to a BILD inquiry, board member Eric Bussert said: “HanseMerkur has been firmly at HSV’s side since the 2018/2019 season, first as an exclusive partner and since the 2022/2023 season as the main partner of the professional men’s team, the first women’s team and the Junior teams. Whether as an exclusive partner, main partner or, more recently, as a shareholder, our aim is to support HSV in its further development in the best possible way – in the interests of football and the fans.”

Bussert continues: “The statements quoted by some small shareholders surprise us both in terms of content and in the fact that no exchange has yet taken place between us. In our view, the top priority of everyone involved should be the sporting success, sustainable continuity and economic stability of HSV. We are happy to continue to do so wherever we can make a contribution.”

At HSV there is obviously a need to talk…

also read
2024-01-23 04:30:35
#HSV #HanseMerkur #reacts #explosive #protocol #surprises #main #sponsor #Sports

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *