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Hasan Ismaik Announces Plan to Sell TSV 1860 München Shares After 14-Year Tenure

The Jordanian investor cites longstanding conflicts with club management and sets a high financial bar for potential buyers, signaling a major shift in the club's future leadership.

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Overview

  • Hasan Ismaik, who rescued TSV 1860 München from insolvency in 2011, plans to sell his shares after a 14-year tenure marked by persistent power struggles with the club's management.
  • Ismaik stated that his continued involvement would hinder the club's progress and emphasized the need for new leadership to redefine its future direction.
  • The investor has set a high financial threshold of €200-300 million for any potential buyer, reflecting the significant investment required to acquire his stake.
  • Acknowledging past mistakes, Ismaik admitted to underestimating the club's culture, history, and the implications of the 50+1 rule before his initial investment.
  • Despite the challenges, Ismaik expressed his dream of seeing TSV 1860 München return to the Bundesliga and competing in a Munich derby with Bayern before his lifetime ends.