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Publishing date: Aug 04, 2021 • 8 hours ago • 3 minute read •
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FRANKFURT 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-meter tall New York apartment block and a shipbuilder, were worth between 3 and 4 billion euros, outstripping his debts.
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As the main investor in one of Germany’s biggest soccer clubs, Windhorst’s financial situation is closely watched, not least because Hertha’s future depends on the support of one of the country’s highest-profile businessmen.
Johns Hopkins University wants permission to remove, store monument to its founder amid construction
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Outdoor bar company has lost thousands over council s licensing refusal
Smart Car Bar claims North Lanarkshire Council is the only local authority in Scotland that has turned the company down for an occasional license.
Updated
Smart Car Bar staff
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