Berlin (dpa) – Bundesliga soccer club Hertha BSC has received corona aid from the federal government.
“Contrary to all of our hopes, the pandemic is still keeping us in suspense and is having major economic effects, especially in terms of viewer income. We have therefore applied for Bridging Aid III from the federal Corona funding program, approved it and received it,” said Hertha’s CFO Ingo Schiller the “foosball”. The club confirmed this.
According to the report, the payment was around seven million euros. For accounting reasons, the federal funds were already booked in the second half of 2021. They appear in the financial report of Hertha BSC GmbH & Co. KGaA published by the Nuremberg-based auditing and tax consultancy firm Mazars. The other operating income of around 7.9 million increased significantly due to the federal payment, it says.