Hasan Abdullah Mohamed Ismaik Acquires Major Stake in Professional German Football Club, TSV 1860 Muenchen

By Marya Investments, PRNE
Saturday, June 11, 2011

ABU DHABI, UAE, June 12, 2011 -


  • Ismaik’s investment safeguards the survival of Munich’s
    traditional club in German professional football
  • German Football League, DFL, grants license for the 2011/12
    season
  • After stabilizing the club economically in the short run,
    Ismaik and the club’s officials aim to promote 1860 to the premier
    division of the Bundesliga again within the next three years
  • Ismaik plans 200 million Euro fund for further business
    investments in Germany

Jordan businessman Hasan Abdullah Mohamed Ismaik has
successfully invested in traditional German football club TSV 1860
München. After buying 49% of the club’s voting rights for a total
sum of 18m Euros, German Football League DFL approved the business
plan jointly filed by Ismaik and the club and granted the license
for the 2011/12 season. Due to current restrictions set by the
League, investors are only allowed to hold a maximum stake of 49%
in professional football clubs.

With his investment, Ismaik safeguards the survival of the
traditional Munich football club, which would have otherwise faced
insolvency and lost its professional license.

TSV 1860 München - colloquially referred to as “Die Löwen” (The
Lions) - was one of the founding members of the German national
Bundesliga in 1963 and has played a total of 20 seasons in the top
flight. After relegation from the Bundesliga following the 2003-04
season, the club currently plays in the second division of the
Bundesliga.

“TSV 1860 has a great tradition and identity that ought to be
preserved and supported,” said Hasan Abdullah Mohamed Ismaik. “The
club has enormous potential and a truly great and passionate
fanbase. Together with management headed by President Dieter
Schneider
, I will do everything to bring 1860 back into the profit
zone within the next season. Within two or three years, we want to
be playing in the premier division of the Bundesliga again and even
eventually compete internationally at some point in the
future.”

His investment in the Munich based football club reflects
Ismaik’s known passion for sports in general and football in
particular. However, he also sees further business opportunities in
Germany.

“TSV 1860 is just the beginning. I want to continue to invest in
Germany. I am reviewing buying opportunities and am actively
searching for new investments outside the field of sports. I will
set up a fund of 200 million Euros soon. This fund will entirely
focus on acquisitions and investments in Germany and will be
managed from Munich,” said Ismaik.

About MARYA:

MARYA is a private Abu Dhabi based investment company chaired
and owned by Hasan Abdullah Mohamed Ismaik. The group has a broad
investment mandate and its interest extends to various sectors,
including sports, design, construction, real estate, automotive,
travel, energy and oil and gas. MARYA has an excellent management
team with experience that spans the globe and incorporates training
and experience from various countries around the world including
the UK, the Middle East and the US. MARYA’s existing investments
are located across UAE, GCC, Europe and the US and the company is
also evaluating potential opportunities in Asia. A relatively young
organization with ambitious expansion plans, MARYA is a vibrant and
dynamic organization with strong leadership by Ismaik.

 

Contacts:
Anna Campbell, T +971-2-657-8812, E Anna at hamg.ae

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