HSV Receives Fresh Bold - Investor Klaus-Michael Kühne And Other Donors Support The Second Division Soccer Team

This news article is about a German soccer team, HSV, and their recent renovations. The new circle of investors is a million euro in the form of loans. HSV is Germany's oldest and most successful soccer team to date.

Investor Klaus-Michael Kühne and other donors support the 2nd division soccer group Hamburger SV in the renovation of the Volksparkstadion. As the association announced, a a million quantity in the form of a loan is offered from this circle. The HSV did not share the quantity of the loan. The total restoration and modernization expenses consisting of the renewal of the 44,000 square meter roof membrane are approximated at more than 30 million euros. I can not influence the ing fate, but I want to assist with my strong holding to support the structures so that the HSV can start the second half of the season. I am very delighted that there are other supporters who are positive Advancement assists, since a success story can only be written together, stated Kühne.

City of hamburg no longer supports HSV

The measures should be completed by the 2024 EM finals. The UEFA made the arena renovation for the condition of five games in the arena. The city of Hamburg had actually avoided further assistance from the arena owner HSV in the maintenance expenses.


Because the 23.5 million euros that the HSV 2021 received from the city for the sale of the stadium residential or commercial property streamed into the functional organization of the second division club. The Senate had presumed that the money would be utilized for the remodeling.


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