Hertha BSC has finally put an end to its business relationship with investor Lars Windhorst after a tumultuous period. Windhorst had invested a whopping 374 million euros in the club since joining in 2019 but failed to deliver the desired success on the field. On Monday, Hertha presented its new investor and majority owner, “777 Partners,” signaling Windhorst’s exit from the club.
In an interview, Hertha President Kay Bernstein spoke smugly about the “burial of the Big City Club label,” a reference to Windhorst’s lofty promises and ambitious announcements. Hertha’s lack of success on the field and Windhorst’s financial troubles contributed to the investor’s unpopularity with fans.
Windhorst has finally sold his Hertha shares, reportedly for 120 million euros to 777 Partners, and is no longer a Hertha member. The club has confirmed that it received a letter terminating Windhorst’s membership. However, BILD claims that Windhorst had been informed of the club’s intention to initiate club exclusion proceedings against him three months ago. The process was delayed to avoid disrupting the investor deal with 777 Partners.
With the 100 million euros from 777, Hertha appears to have resolved its financial problems, including the DFL license issue. Windhorst, on the other hand, seems to have parted ways with the club while potentially facing expulsion by the club.
Overall, Hertha BSC is now looking forward to a fresh start under new ownership, while Lars Windhorst has ended his tumultuous association with the club.
