Eintracht IPO Possible

Translation into English:

IPO could make equity increase possible

According to information from Bild on Sunday, Eintracht is toying with the idea of going public. Interested parties are to be offered a package of shares, which, however, does not include voting rights at the Annual General Meeting. With the sale, Eintracht wants to increase its equity (currently 60 million euros) by 50 million euros. CEO Axel Hellmann is said to have recently instructed the Supervisory Board to examine the move. At a press conference on Friday, Hellmann indicated: "We are interested in sustainably securing capital procurement. Our own equity base and securing liquidity in order to remain capable of acting beyond one season." According to the members' resolution, the registered association may not hold less than 60 percent of the shares and a potential investor may not acquire more than 24.9 percent in order to prevent a blocking minority.

Hellmann continues to agitate the fanbase, at least from my perspective. This would make me far far less interested in the club, if it were to happen. You'd have a hydra of interests controlling how the club behaves and we have that problem enough already.