Abu Dhabi Businessman Set to Acquire German Soccer Club

Apr 27, 2011

∙ Paid

A 34-year old Abu Dhabi-based Jordanian businessman, Hasan Abdullah Ismaik, is acquiring financially troubled second division German soccer club TSV 1860 Munich, according to Sueddeutsche Zeitung.
Mr. Ismaik’s €13 million acquisition of 49 percent of 1860 Munich would bring the club, burdened with a €14 million debt, back from the brink of bankruptcy.
If…

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