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From the B.Z. Editorial Team's Freshest Take
Hertha bigwigs have seen this movie before - tensions with Lars Windhorst (48) are back in town! But this time, it's not about Berlin, it's Switzerland and their handball squad - GC Amicitia Zurich.
Investor Windhorst, known for reportedly pouring a whopping 374 million euros into Hertha but often missing payment deadlines, now seems to be wrestling with financial woes in Zurich.
Once financially and sportingly stable for years, GC handball players now struggle to make ends meet. "Inside Paradeplatz" claims that the team can't pay salaries in full or at all lately.
Cash flow chaos in Zurich with Windhorst's cash dripping irregularly
And who's blowing town now?
"Inside Paradeplatz" further reveals an emergency status at the club. Without Tennor's support, the primary backbone of the traditional club is said to be on shaky ground.
Fortunately, Windhorst's drama at Hertha is behind us. The investor, in a surprising move in spring 2023, sold his Hertha shares to 777, an American financier. Now, that investment backer's teetering on the edge too. Hertha's club shares are currently held by A-Cap, which is actively seeking buyers.
Lars Windhorst, a tycoon known for his involvement in various businesses, finance, and sports including football, is now grappling with financial problems not only in his previous venture, Hertha Berlin FC, but also with GC Amicitia Zurich's handball squad in Zurich.
As Windhorst's financial empire faces instability, it could potentially impact the clubs or teams he's linked with, raising concerns for GC Amicitia Zurich's financial management and performance, just as it did for Hertha Berlin FC before his sale of shares.
