Overview

• Klaus-Michael Kühne plans to sell 7.5% of his roughly 21% stake in the Bundesliga club.
• The prospective buyer remains unnamed but is reported to already be active within the HSV environment.
• Financial director Eric Huwer announced that HSV’s net financial liabilities have dropped to zero, making the club debt-free for the first time in its recorded history.
• HSV e.V. maintains majority control of HSV KGaA, holding over 70% of the shares.
• The sale discussions and debt-free milestone reflect HSV’s ongoing efforts to stabilise its finances after years of indebtedness.