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HSV celebrates historic turning point: debt-free in the Bundesliga!
Hamburger SV will announce its debt freedom on June 21, 2025, a historic turning point for the club in the Bundesliga.
HSV celebrates historic turning point: debt-free in the Bundesliga!
In an impressive turnaround, Hamburger SV has managed to return to the first division and can now call itself debt-free. CFO Eric Huwer announced this crucial announcement at the general meeting in the Volksparkstadion. With a proud statement, he announced that the club's net financial liabilities would be zero at the end of the financial year. This is a historic moment because it is the first time in HSV's documented history that the club is debt-free. [NWZonline].
According to Huwer, freedom from debt represents a turning point and a promise for a new identity in the Bundesliga. This will not only stabilize game operations, but also strengthen confidence in the club's sporting future. A crucial factor in this process was the early repayment of the stadium loan two years ago, which is seen as an important step towards reducing debt. However, Huwer emphasizes that the club may want to take out loans again in the future, but debt freedom is still seen as a desirable goal. Tagesspiegel
Finances in German football
Critics of financialization argue that there is increasing pressure on clubs to achieve short-term success, and this often comes at the expense of sporting success and finances. An alarming fact is that the influence of financial investors is becoming ever greater, which is clear from the increasing number of clubs that have sold equity shares. From 1999 to 2018, this number increased from zero to twelve. Despite the 50+1 rule, which ensures the members have a majority, investors are trying to gain influence here too.
Future developments in football, especially in Germany, will have to show how much influence these financial investors will actually have and whether tradition and community spirit in club football can continue to be preserved. It is an exciting but also challenging chapter in the history of German football that will cause a lot of discussion in the coming years.