German investor Lars Windhorst poses for a portrait in Los Angeles, California, U.S., July 11, 2021. REUTERS/David Swanson
FRANKFURT (Reuters) - Lars Windhorst, the businessman behind German soccer club Hertha Berlin, said he will repay more than 1 billion euros ($1.2 billion) within months, by selling assets to rid himself of debt and get his finances on a stable footing.
Windhorst told Reuters in a rare interview that his investments, which include Italian lingerie firm La Perla, a 236-metre tall New York apartment block and a shipbuilder, were worth between 3 and 4 billion euros, outstripping his debts.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
