Tuesday briefing: Lars Windhorst reveals multimillion loss on sale of Hertha Berlin stake to 777 Partners
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Former Hertha Berlin investor Lars Windhorst has revealed he made a huge loss on the sale of his shareholding in the club to American investment firm 777 Partners.
As reported by The Financial Times, the controversial German financier said that 777 paid less than €15 million up front to buy his majority stake, a heavy loss on his original €374 million investment.
Windhorst confirmed previously undisclosed details of the recent sale during a London court hearing w
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