More reasons for HSV rejection revealed

Actually, the clammy Hamburger SV could have used the 120 million euros recently offered by investor Klaus-Michael Kühne, but HSV President Marcell Jansen announced via the website that the club – with all sorts of pitfalls – did not offer “in this form”. will accept. Now “Sport Bild” has revealed the exact reasons behind the rejection.

In the past few days, a multi-million dollar offer from investor Klaus-Michael Kühne was discussed at the Hamburger SV office. The investor wanted to make up to 120 million euros available, but demanded the implementation of a ten-point plan and significantly more say, for example in the composition of the supervisory board.

HSV refused. President Marcell Jansen announced that “the offer made to us cannot be implemented in this form”. One of the reasons: Kühne demanded 39.9% of the club shares for his Kühne Holding AG – apparently too much influence for those responsible for the Hamburg sports club.

How much is HSV worth?

According to “Sport Bild”, other reasons also played a role in vetoing Kühne’s advance. Accordingly, it was not well received by the HSV bosses that the 85-year-old investor recently criticized the squad and publicly called for the deselection of CFO Thomas Wüstefeld, who is controversial within the club.

The fact that Kühne brought his multi-million dollar offer to the northern club through the media caused a lack of understanding. Those responsible would have preferred that the donor had spoken to them personally and behind the scenes. It is said that they were caught off guard.

Others, on the other hand, believe that 120 million euros are simply not enough for the said 39.99 percent stake. The HSV have a higher market value, it is said. Despite everything, they want to stay in touch with Kühne and talk about other support models.

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