Hanover’s Kind believes 50+1 rule future will be decided in court

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DPA

Hanover managing director Martin Kind believes that courts will have the final say on Germany’s 50+1 rule which outlaws takeovers of professional football clubs by investors. “My assessment is: at some stage it will go before a court,” Kind told dpa on Monday. The 50+1 rule means that the club keeps a majority of shares. Only three Bundesliga clubs have an exception, Bayer Leverkusen, Wolfsburg and Hoffenheim because their investors Bayer, Volkswagen and Dietmar Hopp have invested substantial sums continuously over the past 20 years. Kind had sought a similar exception for Hanover but has fail…

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