In addition, a notary was instructed to carry out a foreclosure sale of the shares.
Notary is said to have announced foreclosure
According to this, the share ownership of Windhorst was realized by the company Peil Investment BV. This subsidiary of Windhorsts Tennor Holding was pledged in July 2020 for liquidity reasons and as security for a loan of 25 million euros. A few days ago, a notary contacted Hertha BSC and announced the foreclosure of the company.
Accordingly, the “Rechtbank Amsterdam” had already decided on April 1, 2021 “on behalf of the king” that “a notary must organize and carry out a foreclosure auction at which “Peil Investment should be sold and handed over to the highest bidder””, as it says in a Business Insider press release.
Windhorst disagrees
The fact that the notary only got in touch with Hertha after a year’s delay is due to the fact that the parties involved in the pledging and who were in conflict over it have since spoken to each other.
However, Business Insider also quotes a spokesman for Tennor Holding as follows: “The shares in Peil Investment are not pledged and will not be foreclosed on.” Windhorst spokesman Andreas Fritzenkötter told rbb that Business Insider’s research “is unfounded and incorrect.”
Hertha BSC, which received 374 million euros for the sale of the shares, did not comment when asked by Business Insider. However, according to rbb information, the club has a say in the sale of the shares. The extent to which this would also apply in the event of a foreclosure sale remains to be seen.
Broadcast: inforadio, April 6th, 2022, 7.15 p.m
Source: rbb