Overview

• At a membership meeting on June 21, CFO Eric Huwer announced that HSV’s net financial liabilities stood at zero for the first time in the club’s documented history.
• The club eliminated 75 million euros of debt over the past seven years despite relegation in 2018 and the financial strains of the pandemic.
• A crucial milestone came with the early repayment of the Volksparkstadion loan two years ago, which accelerated the debt reduction process.
• HSV secured promotion back to the Bundesliga in early May after completing a flawless 2. Bundesliga campaign.
• Club leadership said the debt-free status paves the way for a rebranded identity and renewed self-determination as HSV returns to top-flight competition.