Learn more

A regional alliance of entrepreneurs and private individuals with long-standing ties to Werder Bremen is providing the club €38 million ($41.39 million) as part of a capital increase, the Bundesliga club said on Thursday. In return, the newly founded company of the future partners will receive around 18% of the shares in the football part of the club. Among the investors, is former managing director Frank Baumann, who left the club last summer. Bremen, who have recently struggled financially, have for years been looking for investors, but only ones that didn’t look for returns on investment or…

cuu