Overview
- In the BR documentary Rise & Fall released this week, Uli Hoeneß recounts that he refused Hasan Ismaik’s approach to invest in Bayern and directed him toward 1860 Munich.
- Ismaik signed a cooperation deal with 1860 on May 30, 2011, later holding a 60% stake and repeatedly injecting funds without delivering a sustained sporting revival.
- Under his tenure, 1860 dropped as far as the Regionalliga, returned to the 3. Liga in 2018, and continues to fall short of promotion despite ongoing backing.
- A proposed sale of Ismaik’s shares to a Swiss company fell through a few months ago, and he remains a shareholder as ownership questions persist.
- Hoeneß argues 1860’s internal rifts undermined success, while Frankfurter Rundschau reports the club needs about €5–6 million to cover a deficit and is seeking further funding from Ismaik.