Hertha BSC stands before a dramatic general meeting: Financial crisis in focus!

Hertha BSC stands before a dramatic general meeting: Financial crisis in focus!

Hertha BSC is facing a decisive general meeting on May 25, 2025, which takes place on Sunday at 11 a.m. in Hall 22b of the Berlin Messe. The event follows just one week after the end of the season in the 2nd Bundesliga, in which the team played 1-1 against Hannover 96. The club looks back on a disappointing season that could not fulfill the clear wish for ascent. In particular, the discussion about a possible descent into the 3rd division is very concerned about. The situation is additionally burdened by the dismissal of coach Cristian Fiél and the resignation of Andreas "Zecke" Neuendorf as director of the academy and the license player area. In addition, the contract with managing director Thomas Herrich was terminated without the prospect of succession. Members and fans criticize the long waiting time for a new managing director and expect clear answers to personnel and squad decisions from sports director Benjamin Weber.

The financial situation of Hertha BSC is assessed as dissatisfied. The role of 777 partners, the US company, which has 78.8% of the shares of the association, requires special attention. Inquiries about the licensing for the 2nd Bundesliga are still pending and the repayment of the Nordic Bond bond is also open. As rbb24 have reported great expectations to the meeting, since a concrete concept for improving the financial situation has requested is.

Financial progress and future challenges

Despite the pressing problems, there are positive developments. According to Herthabsc.com , Hertha BSC heads for a positive operating result (EBITDA) thanks to the support of 777 partners. Budget and cost controls have an effect and the cost development has decreased. Thomas E. Herrich, who was recently managing director, emphasizes the progress in budget renovation. With an equity investment of 75 million euros, 777 partners made a decisive contribution to stabilization, with an agreed tranche entering into April 2024.

In addition, the “Berliner Weg” is further promoted, which was launched in the 2022/23 season and aimed to integrate talents from their own academy into the license team. Eleven players from the Academy have currently received season in the license team. The association has reduced the cost structure by over 70 million euros since the second half of 2022/23 and expects the annual result to be improved by over 75 million euros. Nevertheless, the background of the development of the descent from the 1st Bundesliga in the summer of 2022, which led to considerable economic difficulties, is not to be forgotten.

The role of investors and the future of football

The financial situation of Hertha BSC is also in the greater context of the discussion about financialization in football. Finanzwenderecherche.de , as financial investors often pursue different goals as fans and athletes. While you can advance short -term success, there is a risk that the sporting success and the values ​​of football will be neglected. In Germany, investments by the 50+1 rule are limited, but numerous clubs have already sold capital shares here, which results in a shift in influence within the clubs.

The general meeting of Hertha BSC will not only be a stage for internal questions and challenges, but also part of the ongoing debate about the role of investors in German football. In view of the ongoing financial challenges and uncertainty about the licensing, the meeting will also significantly influence the future orientation and stability of the association.