Suche
Mein Konto
Hertha BSC: Financial situation is improving despite the sporting crisis!
Hertha BSC managing director Thomas Herrich talks about financial challenges and stadium plans after the Federal Constitutional Court ruling.
Hertha BSC: Financial situation is improving despite the sporting crisis!
Thomas Herrich, who has been managing Hertha BSC since the summer of 2022, commented on the team's current sporting situation. In his opinion, this is unsatisfactory, which is due to numerous injuries and important departures, such as those of Haris Tabakovic and Marc Oliver Kempf. Despite these challenges, Herrich is confident that the second half of the season will be more successful as both the squad and the coach are promising. Hertha BSC must also mourn the loss of Kay Bernstein, the club's late president, who always campaigned for unity and cohesion among the fans.
The club is currently undergoing a consolidation and restructuring process that has not yet been fully completed. Herrich reported that costs were reduced by 70 million euros and losses were also reduced by 70 million. In addition, the debt burden was halved; Over 30 million euros in interest-bearing liabilities were repaid. An upcoming challenge is the repayment of a bond worth 40 million euros, which matures in November 2025.
News about stadium planning and case law
Herrich also provided information about the test stand for the new stadium construction. A decision on the location should be made by the end of March 2025. With regard to the legal framework, Herrich commented on the ruling of the Federal Constitutional Court, which decided on January 14, 2025 that the federal states may charge the clubs for the costs of police operations at high-risk games. This decision was met with disappointment at Hertha BSC. Herrich explained that the exact effects of this regulation will remain unclear until the reasons for the judgment are published.
In addition, Herrich emphasized that police and regulatory law remains a state matter and that the association plans to discuss the issue with the state of Berlin. He is convinced that the country has no interest in burdening organizers with additional fees. There is currently no new information about the investor “777”, who is in financial difficulties; there is no operational contact.
For further details on the club's financial affairs as well as stadium planning and legal developments, those interested can read the reporting from daily news and Hertha BSC consult.