Hasan Ismaik to Sell TSV 1860 München Shares After 14 Years of Turbulence
The investor cites cultural misunderstandings and ongoing conflicts as reasons for his decision, setting a high financial bar for potential buyers.
- Hasan Ismaik announced plans to sell his shares in TSV 1860 München, ending 14 years as the club's investor and part-owner.
- He stated that his continued involvement would only perpetuate the club's current state and called for new leadership to take over.
- Ismaik set a financial requirement of 200 to 300 million euros for any prospective buyer, emphasizing the significant investment needed.
- The investor admitted to underestimating the cultural and governance complexities of the club, including the 50+1 rule, when he first became involved.
- During his tenure, Ismaik rescued the club from insolvency in 2011 but faced persistent clashes with management and a lack of mutual respect.