Windhorst to Get Stake in 777 Football Arm in Hertha BSC Deal

  • Deal would see Windhorst retain interest in German club
  • 777 in discussions over terms of Hertha BSC takeover

Lars Windhorst

Photographer: Tristar Media/Getty Images Europe
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Lars Windhorst is poised to receive a stake in a subsidiary of 777 Partners LLC in return for his majority stake in Hertha BSC Berlin, people familiar with the matter said, a twist that will keep him indirectly involved at the German football club.

US private equity firm 777 is thrashing out details of a deal to buy Windhorst’s majority interest in Hertha BSC, including a fresh capital injection, the people said, asking not to be identified discussing confidential information.