HSV tremors: Wüstefeld board resigns

Chief Financial Officer Thomas Wüstefeld has announced his resignation from the second division soccer team Hamburger SV.

In an extraordinary supervisory board meeting, the 53-year-old informed “that he is resigning from his supervisory board position with immediate effect and thus also from his interim role as a board member,” HSV announced on Wednesday evening.

The supervisory board accepted the decision and decided that sports director Jonas Boldt “will initially manage the operational business of HSV as the sole director”.

“I am aware of the responsibility and will tackle the upcoming tasks in very close cooperation with my colleagues in the office as well as with the supervisory board and especially with the finance committee,” Boldt was quoted as saying in the press release.

Serious allegations against Wüstefeld

Several allegations had been made against the medical entrepreneur Wüstefeld in the past few weeks. He denied a report about alleged illegal drug deals. “I can assure you that there is nothing to it,” he said recently, pointing out: “There is a campaign by competitors behind it.”

The news magazine “Spiegel” reported that Wüstefeld started manufacturing cannabis products three years ago and offered oils containing cannabidiol as medical products.

The Hamburg authority for justice and consumer protection checked whether the sale could have been illegal. The drugs are said to have come on the market via a Luxembourg company. In 2020, according to the report, the authorities there banned distribution and ordered a recall. Swiss control authorities have also found that the products “do not meet the basic requirements for medical devices,” it said.

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