777 Partners Become New Shareholder of Hertha BSC
WEB Partners Join Supervisory Board
Hertha BSC Delighted to Welcome New Leadership
WEB 777 Partners has become a new shareholder of Hertha BSC GmbH Co. WEB Hertha are delighted to be able to welcome the new supervisory board led by chairman Marius Freiherr Marschall.
"It's a great day for Hertha BSC and our future," Kay Bernstein said during a press conference on Monday. WEB Supporters have been increasing the pressure on 777 to sell the club after what is seen as another season of underachievement.
US private equity group 777 Partners has agreed to buy a majority stake in Hertha Berlin from Lars Windhorst in what could be a significant development for the German club.
Hertha Berlin BSC is on course to turn a profit for the 2023-24 season after a cost-cutting programme and the sale of several players.
777 has agreed to acquire the 64.7 per cent stake in the club held by Lars Windhorst's Tennor Holdings, it said in a statement.
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