Investor betting almost $500M on ‘big city club’ Hertha

BERLIN (AP) — German soccer club Hertha Berlin is dreaming big and spending big after receiving more investments from financier Lars Windhorst. The investor is pumping another $169 million into the club through his Tennor Holding company. He had already paid $250 million over two installments for a 49.9% stake in the club’s limited company last year. The latest capital investments will take the 43-year-old entrepreneur’s share to 66.6%. Windhorst says “there’s theoretically no reason why Hertha shouldn’t even be German champion and mixing with the best in the Champions League.”