Latest news with #Ismaik
Time of India
21-04-2025
- Sport
- Time of India
Football: Legendary 1860 Munich coach Werner Lorant dies
The legendary German football coach Werner Lorant passed away aged 76 on Sunday, his family and former club, TSV 1860 Munich , confirmed. As a player in the 1970s and 1980s, Lorant represented Borussia Dortmund, Rot-Weiss Essen, 1. Tired of too many ads? go ad free now FC Saarbrücken, Hannover 96, Schalke 04 and Eintracht Frankfurt, winning the German Cup and UEFA Cup with the latter. But it was as the long-serving head coach of 1860 Munich between 1992 and 2001 that Lorant really made his name, leading Die Löwen (the lions) from the third division to the Bundesliga. His greatest achievement was the team finishing fourth in 2000. This position in the Bundesliga saw 1860 enter the Champions League qualification play-off round — where they lost to English Premier League side Leeds United. The German club confirmed Lorant's death following a long illness on Sunday, describing him as "one of the most successful coaches in the club's 125-year history." "Football meant the world to him," his sister told 1860 fan website dieblaue24, who first reported the news. "When he no longer had football, he was no longer well. He loved Die Löwen. They were close to his heart." 'Everyone is entitled to an opinion — but only mine counts' During his coaching career, Lorant developed a reputation for no-nonsense management. Asked once by a journalist why he hadn't substituted a clearly injured player despite being 5-1 up against Nuremberg, he replied: "Players are only subbed if their leg falls off." After being sent to the stands during an away game against Werder Bremen for insulting the referee, he then said the official "can be happy that I didn't slap him" — earning himself a fine of 8,000 marks (around €4,000 or $4,560). Later in his career, he wasn't a fan of new technology and banned his players from using mobile phones, saying: "If a phone goes off [on the team bus], they can get off and use the phone to call a taxi." Tired of too many ads? go ad free now His general motto as a coach was: "Everyone is entitled to an opinion — but only mine counts." 1860 Munich today: up for sale? Nowadays, 1860 Munich – Bayern Munich's city rivals – are marooned in the third division again, having been forcibly relegated to the fourth tier in 2017 as a result of a complicated relationship with a controversial investor. Jordanian billionaire Hasan Ismaik purchased a 60% stake in the club in 2011, helping to save it from insolvency, but he failed to understand that German football's 50+1 ownership rule prevented him from actually exercising majority control. Following relegation to the third division in 2017, Ismaik effectively attempted to blackmail the club, withholding the necessary funding for a league license unless he was given full control — something the club were neither wiling nor legally able to do. Consequently, 1860 were automatically relegated to division four, before fighting their way back up. But the relationship with Ismaik has remained strained — until he announced last Sunday that he would finally be interested in selling his stake in the club. "I think 1860 needs someone new, they don't need Hasan," he told German public broadcaster ARD, referring to himself in the third person. "I want to sell the club and just be an 1860 fan."
Times of Oman
21-04-2025
- Sport
- Times of Oman
Football: Legendary 1860 Munich coach Werner Lorant dies
The legendary German football coach Werner Lorant passed away aged 76 on Sunday, his family and former club, TSV 1860 Munich, confirmed. As a player in the 1970s and 1980s, Lorant represented Borussia Dortmund, Rot-Weiss Essen, 1. FC Saarbrücken, Hannover 96, Schalke 04 and Eintracht Frankfurt, winning the German Cup and UEFA Cup with the latter. But it was as the long-serving head coach of 1860 Munich between 1992 and 2001 that Lorant really made his name, leading Die Löwen (the lions) from the third division to the Bundesliga. His greatest achievement was the team finishing fourth in 2000. This position in the Bundesliga saw 1860 enter the Champions League qualification play-off round — where they lost to English Premier League side Leeds United. The German club confirmed Lorant's death following a long illness on Sunday, describing him as "one of the most successful coaches in the club's 125-year history." "Football meant the world to him," his sister told 1860 fan website dieblaue24, who first reported the news. "When he no longer had football, he was no longer well. He loved Die Löwen. They were close to his heart." 'Everyone is entitled to an opinion — but only mine counts' During his coaching career, Lorant developed a reputation for no-nonsense management. Asked once by a journalist why he hadn't substituted a clearly injured player despite being 5-1 up against Nuremberg, he replied: "Players are only subbed if their leg falls off." After being sent to the stands during an away game against Werder Bremen for insulting the referee, he then said the official "can be happy that I didn't slap him" — earning himself a fine of 8,000 marks (around €4,000 or $4,560). Later in his career, he wasn't a fan of new technology and banned his players from using mobile phones, saying: "If a phone goes off [on the team bus], they can get off and use the phone to call a taxi." His general motto as a coach was: "Everyone is entitled to an opinion — but only mine counts." 1860 Munich today: up for sale? Nowadays, 1860 Munich – Bayern Munich's city rivals – are marooned in the third division again, having been forcibly relegated to the fourth tier in 2017 as a result of a complicated relationship with a controversial investor. Jordanian billionaire Hasan Ismaik purchased a 60% stake in the club in 2011, helping to save it from insolvency, but he failed to understand that German football's 50+1 ownership rule prevented him from actually exercising majority control. Following relegation to the third division in 2017, Ismaik effectively attempted to blackmail the club, withholding the necessary funding for a league license unless he was given full control — something the club were neither wiling nor legally able to do. Consequently, 1860 were automatically relegated to division four, before fighting their way back up. But the relationship with Ismaik has remained strained — until he announced last Sunday that he would finally be interested in selling his stake in the club. "I think 1860 needs someone new, they don't need Hasan," he told German public broadcaster ARD, referring to himself in the third person. "I want to sell the club and just be an 1860 fan."
Yahoo
20-04-2025
- Sport
- Yahoo
Football: Legendary 1860 Munich coach Werner Lorant dies
The legendary German football coach Werner Lorant passed away aged 76 on Sunday, his family and former club, TSV 1860 Munich, confirmed. As a player in the 1970s and 1980s, Lorant represented Borussia Dortmund, Rot-Weiss Essen, 1. FC Saarbrücken, Hannover 96, Schalke 04 and Eintracht Frankfurt, winning the German Cup and UEFA Cup with the latter. But it was as the long-serving head coach of 1860 Munich between 1992 and 2001 that Lorant really made his name, leading Die Löwen (the lions) from the third division to the Bundesliga. His greatest achievement was the team finishing fourth in 2000. This position in the Bundesliga saw 1860 enter the Champions League qualification play-off round — where they lost to English Premier League side Leeds United. The German club confirmed Lorant's death following a long illness on Sunday, describing him as "one of the most successful coaches in the club's 125-year history." "Football meant the world to him," his sister told 1860 fan website dieblaue24, who first reported the news. "When he no longer had football, he was no longer well. He loved Die Löwen. They were close to his heart." During his coaching career, Lorant developed a reputation for no-nonsense management. Asked once by a journalist why he hadn't substituted a clearly injured player despite being 5-1 up against Nuremberg, he replied: "Players are only subbed if their leg falls off." After being sent to the stands during an away game against Werder Bremen for insulting the referee, he then said the official "can be happy that I didn't slap him" — earning himself a fine of 8,000 marks (around €4,000 or $4,560). Later in his career, he wasn't a fan of new technology and banned his players from using mobile phones, saying: "If a phone goes off [on the team bus], they can get off and use the phone to call a taxi." His general motto as a coach was: "Everyone is entitled to an opinion — but only mine counts." Nowadays, 1860 Munich – Bayern Munich's city rivals – are marooned in the third division again, having been forcibly relegated to the fourth tier in 2017 as a result of a complicated relationship with a controversial investor. Jordanian billionaire Hasan Ismaik purchased a 60% stake in the club in 2011, helping to save it from insolvency, but he failed to understand that German football's 50+1 ownership rule prevented him from actually exercising majority control. Following relegation to the third division in 2017, Ismaik effectively attempted to blackmail the club, withholding the necessary funding for a league license unless he was given full control — something the club were neither wiling nor legally able to do. Consequently, 1860 were automatically relegated to division four, before fighting their way back up. But the relationship with Ismaik has remained strained — until he announced last Sunday that he would finally be interested in selling his stake in the club. "I think 1860 needs someone new, they don't need Hasan," he told German public broadcaster ARD, referring to himself in the third person. "I want to sell the club and just be an 1860 fan." Edited by: Darko Janjevic
Bahrain News Gazette
15-04-2025
- Business
- Bahrain News Gazette
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: For more information, please contact: PR@ +971582913443 Follow us on A photo accompanying this announcement is available at GlobeNewswire Distribution ID 9422624
Yahoo
15-04-2025
- Business
- Yahoo
Hasan Ismaik Opens Strategic Investment Opportunity in Germany's Historic TSV 1860 Munich
'HAMIC Group' Hasan Ismaik, Founder and Chairman of HAMIC Group 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: For more information, please contact: PR@ +971582913443 Follow us on A photo accompanying this announcement is available at in to access your portfolio
