HSV: Hanse Merkur gives 23 million euro loan for stadium renovation

UEFA European Championship edition

The insurance group Hanse Merkur grants Hamburger SV a loan to finance its stadium renovation. It is a loan of 23 million euros, the insurance company announced on Monday on request. “At the same time, we are an economically active company and in this respect it is assumed that appropriate guarantors are available,” informed the Hamburg insurance group.


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HSV CFO Dr. Thomas Wüstefeld wants to submit signatures from guarantors this week. UEFA has made the refurbishment and modernization a requirement if five games of the 2024 European Football Championship are to take place in the Volksparkstadion as planned.

The stadiums for the EM 2024 in Germany

Arena in Frankfurt (spectators intl.: 46,000)

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Olympic Stadium in Berlin (spectators intl.: 70,000)

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Arena in Munich (spectators intl.: 67,000)

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Arena in Dortmund (spectators intl.: 66,000)

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Arena in Gelsenkirchen (spectators intl.: 50,000)

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Arena in Stuttgart (spectators intl.: 54,000)

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Arena in Hamburg (spectators intl.: 50,000)

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Arena in Düsseldorf (spectators intl.: 47,000)

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Arena in Cologne (spectators intl.: 47,000)

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Arena in Leipzig (spectators intl.: 42,000)

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In phase one, HSV wants to invest 20 to 24 million euros in the renovation and modernization of the Volksparkstadion, which has a capacity of 57,000 fans. The most important part of the work is the renewal of the 44,000 square meter roof membrane, which can cost up to 14 million euros. Without a stable roof, the people of Hamburg are threatened with the withdrawal of their operating license because the safety of the spectators is not guaranteed in storms and heavy snow.

In addition, the floodlight system is to be converted to LED, the loudspeaker system and sanitary facilities are to be renewed and air conditioning is to be installed in VIP rooms. Work is scheduled to begin during the World Cup break in November.

Hanse Merkur has been the main sponsor of HSV for three years since the start of the season. Their annual commitment is estimated at 3 million euros. “For us, the HSV is just as much a part of Hamburg as the Michel and the Elbphilharmonie. Therefore, as the new main sponsor of HSV, it is important to us to support the club as best we can in the modernization of the stadium in the sense of a true partnership,” the company wrote.

Top additions to the 2nd Bundesliga 22/23: HSV & St. Pauli with the highest fees

Lukas Klünter | after the end of the contract at Hertha to Arminia | Market value: €1.2 million

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Free transfer
(Gallery as of August 11, 2022)

Sarpreet Singh | FC Bayern -> SSV Jahn Regensburg | Market value: €1.2 million

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loan

Eric Durm | Frankfurt -> Kaiserslautern | Market value: €1.2 million

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Jan Niklas Beste | Werder -> Heidenheim | Market value: €1.2 million

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Transfer fee: €350,000 – last loaned to Regensburg

Jordy de Wijs | QPR -> Cont. Dusseldorf | Market value: €1.2 million

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Transfer fee: €900,000 – was already on loan

Christopher Daferner | Dresden -> 1. FC Nuremberg | Market value: €1.2 million

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Transfer fee: €1 million

Adrian Gryszkiewicz | Zabrze -> SC Paderborn | Market value: €1.2 million

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Transfer fee: €200,000

Kwadwo Duah | St. Gallen -> 1. FC Nuremberg | Market value: €1.3 million

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Transfer fee: €700,000

Paul Nebel | Mainz -> To the KSC | Market value: €1.3 million

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loan

Ransford Koenigsdörffer | Dresden -> HSV | Market value: €1.3 million

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Transfer fee: €1.2 million

Armindo Sieve | Bavaria II -> Greuther Furth | Market value: €1.5 million

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Betim Fazliji | FC St. Gallen -> FC St. Pauli | Market value: €1.5 million

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Transfer fee: €800,000

Luca Itter | Freiburg -> Greuther Furth | Market value: €1.5 million

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Transfer fee: €300,000 – was already on loan

Miro Muheim | St Gallen -> HSV | Market value: €1.5 million

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Transfer fee: €1.5 million – was already on loan

Ragnar Ache | Frankfurt -> Greuther Furth | Market value: €1.5 million

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loan

Frederik Jäkel | Leipzig -> Arminia | Market value: €1.5 million

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loan

Ao Tanaka | Kawasaki Frontale -> Fortuna Dusseldorf | Market value: €1.5 million

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Transfer fee: €1m – was already on loan

Jorrit Hendrix | Spartak Moscow -> Fortuna Dusseldorf | Market value: €1.8 million

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Free transfer

Max Besushkov | Regensburg -> Hanover 96 | Market value: €1.8 million

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Free transfer

Johannes Eggestein Antwerp -> FC St. Pauli | Market value: €1.8 million

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Transfer fee: €600,000

Louis Schaub | Cologne -> Hanover 96 | Market value: €1.8 million

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Free transfer

Oscar Wilhelmsson | IFK Gothenburg -> Darmstadt 98 | Market value: €2 million

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Transfer fee: up to €1.5 million

Sebastian Thill | Niederkorn -> Hansa Rostock | Market value: €2 million

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Most recently awarded to FC Sheriff

Andrés Andrade | LASK -> Arminia | Market value: €2 million

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Was already borrowed

David Nemeth | Mainz -> FC St. Pauli | Market value: €2.3 million

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Transfer fee: €1.3 million

Michal Karbownik | Brighton -> Fort Dusseldorf | Market value: €2.5 million

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loan

Laszló Benes | Gladbach -> HSV | Market value: €3 million

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Transfer fee: €1.5 million

Mario Vuskovic | Hajduk Split -> HSV | Market value: €5 million

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Transfer fee: €3m – was already on loan

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