Hasan Ismaik Opens Strategic Investment Opportunity in Germany's Historic TSV 1860 Munich
'HAMIC Group' Hasan Ismaik, Founder and Chairman of HAMIC Group
TSV 1860 Munich
ABU DHABI, United Arab Emirates, April 15, 2025 (GLOBE NEWSWIRE) — Billionaire businessman and Chairman of
HAMIC Group
,
Hasan Abdullah Ismaik
, has announced that he is currently reviewing multiple acquisition offers for his stake in
TSV 1860 Munich
, one of Germany's most iconic football clubs. The move marks a significant strategic opportunity for global investors seeking to be part of a legacy brand with strong cultural roots and untapped growth potential.
Founded over
165 years ago
, TSV 1860 Munich holds a celebrated place in German football history, having won the
Bundesliga championship in 1966
. The club is deeply embedded in the spirit of the city of Munich and enjoys a wide and loyal fan base, with its distinctive blue representing more than just sport—it represents identity, pride, and tradition.
In an exclusive interview with Germany's
ARD
TV channel, Ismaik stated:
'We have received several compelling offers from investors who recognize the unique potential of 1860 Munich. We are currently evaluating the best option to ensure the club's long-term growth and global positioning.'
Ismaik emphasized the club's solid foundation and remarkable capacity for expansion, noting that with a strategic investment of
€300 million
, TSV 1860 Munich has the potential to exceed a
€2 billion market valuation
in the near future.
This development follows over a decade of successful stewardship under Ismaik, whose early investment in 2011 helped stabilize the club financially. His involvement has safeguarded its heritage and positioned it for a new era of ambitious transformation.
In closing, Ismaik shared a powerful message of optimism:
'We know that lions rest for long periods—but the time has come to awaken them.'
Visit our website:
www.HAMIC.com
For more information, please contact:
PR@
hamic.com
+971582913443
Follow us on
https://www.instagram.com/hamicgroup/
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/6ac6ea67-ca0e-427b-8847-d2cbc7f90b0b
GlobeNewswire Distribution ID 9422624
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Gulf Insider
4 days ago
- Gulf Insider
"Worse Than The 2008 Financial Crisis" – Germany Becomes A Nation Of Bankruptcy With No End In Sight
Germany is bracing for a continued surge in major insolvencies throughout 2025 and even 2026, according to a recent analysis by credit insurer Allianz Trade. This all comes after a disastrous 2024, which saw a record-breaking number of bankruptcies in the country. Allianz Trade forecasts an overall increase of 11 percent in corporate insolvencies in Germany this year, reaching approximately 24,400 cases. A further 3 percent rise to 25,050 cases is anticipated for 2026. These insolvencies put an estimated 210,000 jobs at risk across Germany. In the first quarter of this year, 16 large German companies—those with revenues of €50 million or more—filed for insolvency. While this is a slight decrease of three cases compared to the same period last year, it's double the number recorded in the first quarter of 2023. Milo Bogaerts, CEO of Allianz Trade in Germany, Austria, and Switzerland, expressed concern over the persistently high number of major insolvencies, attributing it partly to U.S. President Donald Trump's tariff policy. He warned that no respite is expected, even after 2024, which was a record-breaking negative year for insolvencies. 'Given the bleak economic outlook both in Germany and in global trade, and the many uncertainties caused by the tariff storm, we expect many major insolvencies and thus significant losses to continue in 2025,' Bogaerts stated. He added that these large-scale insolvencies will likely have a ripple effect on supplier companies, potentially creating 'particularly large holes in their coffers' and impacting supply chains. However, alarm bells are ringing across the country. The Federal Association of German Industry (BDI) published a declaration by more than 100 associations at the beginning of April where they directly addressed the ruling CDU and SPD. At the time, they were still working on a coalition agreement. The BDI stated: 'In the past few weeks, the economic situation has deteriorated dramatically. The facts are undeniable. Germany is in a serious economic crisis. A comparison with other countries shows that this crisis is primarily homemade.' The BDI is also apparently unhappy with the coalition's details on tax policy. 'In terms of tax policy, the coalition lags behind what is necessary. In the future, every scope must be used to relieve companies in order for the tax burden to quickly become internationally competitive,' said Tanja Gönner, BDI's general manager. 'The contract rightly formulates an ambitious modernization agenda for the state and administration, which must now also be followed by a determined implementation…. The bottom line is that we will measure the federal government by whether it will make the state more efficient and modernized.' 🇩🇪🚨 Ford Germany plans to cut 4,000 jobs as Berlin's economic disaster continues to unfold."The entire automotive industry is in crisis all over the world, in Europe and especially in Germany. This transition to electro-mobility is hitting us very, very hard." — Remix News & Views (@RMXnews) November 22, 2024 Click here to read more…
Gulf Insider
4 days ago
- Gulf Insider
European Industry Under Siege: China Deploys Rare Earths As Economic Weapon
As U.S. tariffs tighten the screws on China's export machine, Beijing is striking back—with strategic precision. Export restrictions on rare earths are now Beijing's latest move to break down European trade barriers and push back against escalating pressure from Washington. In today's global trade standoff, the gloves are off. The U.S. is wielding its market clout—25% of global consumption originates from the American domestic market. Anyone in the export business must deal with the United States. China, meanwhile, holds an unchallenged monopoly on rare earths—and is making it clear it will not hesitate to weaponize that dominance. The stakes are rising, and national interests now override globalist courtesies. No Friends—Only Alliances Europe is learning the hard way: in geopolitics, there are no friends, only temporary alliances. China's tightened export controls on rare earth elements risk plunging Germany's industrial sector into a severe resource crisis. With nearly 85% of global rare earth refining under its control, Beijing is the chief supplier of key metals like dysprosium, terbium, and yttrium—critical for electric motors, medical tech, and defense systems. Since April 2025, access to these raw materials has been restricted to licensed exporters only—a de facto embargo. The fallout is immediate: several German manufacturers have already been forced to scale back operations. Others face complete shutdowns. Industrial metal prices continue climbing, and the fragility of global supply chains is now exposed in brutal detail. Europe's resource dependency is becoming a major liability—and a strategic weakness in the coming trade war negotiations. Target: New Markets China's export curbs are a calculated pressure tactic in its standoff with both the U.S. and EU. Beijing is feeling the squeeze from the Trump administration's hardline trade policy. If Washington fails to shrink its massive trade deficit and restore U.S. industrial capacity, Trump's economic agenda is toast. Beijing faces its own nightmare scenario. To appease U.S. demands and cut trade surpluses, it would need to let the yuan rise—risking domestic unrest. A more affluent middle class might start demanding political influence. That's a nightmare for China's authoritarian elite. At the same time, the economic foundation of Communist Party rule is crumbling. China's domestic economy is faltering, its real estate and industrial sectors flashing recession signals. The Party's once-effective social contract—'stay out of politics and we'll deliver prosperity'—is losing credibility amid youth unemployment and economic stagnation. Click here to read more…
Daily Tribune
4 days ago
- Daily Tribune
Ronaldo Rolls Back Years, Portugal Stun Germany
TDT | Manama The 40-year-old scores again as Portugal reach the Nations League final for the second time. Portugal Break Longstanding German Hoodoo Cristiano Ronaldo delivered yet another decisive moment on Wednesday night, scoring the winner in Portugal's 2-1 comeback victory over Germany to book a place in the UEFA Nations League final. His 137th international goal came five minutes after Francisco Conceição's equaliser, completing a dramatic turnaround in Munich. The result marks Portugal's first win over Germany in 24 years, the last coming at Euro 2000 — a game remembered for a Sergio Conceição hat-trick. On this occasion, it was Sergio's son Francisco who played a key role, highlighting the symbolic passing of a generational baton. Portugal will now face either Spain or France in Sunday's final, aiming to reclaim the title they won in the inaugural edition of the competition in 2019. Costa the Early Hero Germany had the better of the first half, pressing high and creating chances, but Portugal goalkeeper Diogo Costa stood firm. The Porto shot-stopper was in inspired form, making key early saves from Leon Goretzka and Nick Woltemade before denying Goretzka again with a sharp low stop. Despite their dominance, Germany couldn't find a breakthrough before half-time — largely thanks to Costa's quick reflexes and assured positioning. Second Half Sparks Into Life Germany took a deserved lead in the 48th minute, Florian Wirtz nodding in from close range after a clever lofted assist from Joshua Kimmich. But the goal seemed to awaken Portugal, and Roberto Martínez's side gradually imposed themselves. Conceição, introduced from the bench, levelled the match in the 63rd minute, arriving at the far post to turn in a low cross. Then, with the German defence momentarily disorganised, Nuno Mendes burst forward and found Ronaldo for a simple tap-in — a typically clinical finish from the Portugal captain. Ronaldo's Longevity, Portugal's Composure Ronaldo's decisive goal underscored not only his longevity but his continued value in high-stakes fixtures. While he now plays a reduced club role, his instincts and leadership remain sharp at international level. The 40-year-old celebrated with his teammates as Portugal completed a landmark win — their first over Germany this century. Head coach Roberto Martínez praised both the tactical application and mental resilience of his squad. 'Tactically we were exceptional and our commitment helped... it was a team victory,' he said. Germany Left to Reflect For Germany, the loss was a blow on what should have been a milestone evening for captain Joshua Kimmich, earning his 100th cap. After a bright start and a 1-0 lead, the hosts faded as Portugal gained control. Karim Adeyemi struck the post late on, and goalkeeper Marc-André ter Stegen had to make two sharp saves to prevent a third. Kimmich didn't hold back in his assessment. 'The defeat is absolutely deserved... If we're not at 100%, we can't beat a top European team,' he said post-match. Main Takeaways Did you know?
