Despite some criticism, the bang failed to materialize: the members of Eintracht Frankfurt voted on Monday for a hotly discussed capital increase and thus strengthened the club leadership.
When Axel Hellmann ended his detailed speech at 8:03 p.m., there was applause in the century hall. Not only because the board spokesman for Eintracht Frankfurt – as is so often the case – illustrated the status quo at the Hessian Bundesliga club. Not only because he duly praised the club’s football -playing women and men for their achievements. And not only because he sharply criticized the police cost judgment for high-risk games. But also because Hellmann once again expressly explained the need for a capital increase. This is no less than “a historical opportunity” and a “paradigm shift” for the prospering club.
And so despite a number of members of members, mostly with a negative tenor, almost three hours later, exactly 10.59 p.m., the decision was made good for the decision that the 1,107 members present by the association’s presidency, the supervisory board and the shareholder meeting. Means: Eintracht will be able to strengthen its equity by around 25 million euros in the first step, and according to the decision, it can be up to 66 million.
78.48 percent of those present agreed (824 people), 21.52 percent rejected (226), 57 people abstained. Here too: loud applause in the hall. The shares of the association will be 67.89 percent, in perspective they should increase to 75.1 percent. On the side of the AG, the “Business Eagles”, a financially strong fan club, acquire large parts of the shares. “I think the broad vote is very positive. That is convincing,” said Hellmann shortly after the decision.
Pre-criticism fizzles out
The planned capital increase was already a tricky in the run -up to the meeting. The active fan scene in particular was skeptical, recently pointed out to her concerns on notices during the Kiel game. Among other things, the club leadership was accused of a “little serious picture” because it wanted to push through the measure with “threatening scenarios” to otherwise endanger the sporting success. “This narrative” of the fans, Boss Hellmann replied clip and clear on Monday, “I don’t think it is right”. Even on Monday evening, some members were critical.
From the boss’s point of view, the increase in equity is always useful because it gives them financial legroom. If Eintracht does not achieve its sporting goals, which has never been the case in recent years, and on the contrary, they have mostly been exceeded, but the Frankfurters will not be forced to get money through other ways. There should be no player sales below the market value. Ideally, when negotiations are negotiated, it can also be paid to buy the game side of the game.
Cader value is now 300 million euros
Even if he, Hellmann, for example when selling Omar Marmoush “like everyone, had a tear in the buttonhole”, build the Eintracht model “on transfer revenues”. And further: “With the clubs that shoot with great capital, we simply cannot compete without them.” Hellmann called FC Bayern, Leverkusen, Dortmund and Leipzig.
Behind it, however, the Frankfurters want to establish themselves through the adopted capital increase. A self -confident goal of an increasingly self -confident club. In addition, said Hellmann, the whole of Europe envies the Frankfurters “for our squares of the circle”. In other words, for the training of talents towards top performers and their large profits. According to the Eintracht boss, the squad value has now increased from 71 million euros to 300 million in 2021.
Eintracht cracks 150,000 members
Before the members were able to vote on the capital increase, they were allowed to celebrate early in the evening: As Vice President Moritz Theimann announced in the absence of the health -struck President Mathias Beck, the association now has 150,000 members (previously 145,000) and is after FC Bayern, Dortmund and Schalke 04 The fourth largest football club in the country. Noteworthy.
Less important, but a nice marginal note delivered a trial vote at the beginning of the meeting: One wanted to know whether Eintracht will win against Bayern in the Bundesliga top game on Sunday. 86 percent of those present voted for yes. Then nothing can go wrong.
