Hannover 96 wants to get rid of Martin Kind as managing director of the professional football division. But it’s not that easy. According to a decision by the Hanover Regional Court, the club must continue to work with children for the time being.
The dispute at the second division football club Hannover 96 is entering the next round: thanks to a decision by the district court in Hanover, Martin Kind is allowed to continue working as managing director until the date of a hearing. An injunction stipulates that Kind may continue normal and urgent business of Management GmbH until the hearing on August 16, as the district court confirmed on Monday at the request of the DPA. The club’s professional football KGaA had previously announced this.
The majority shareholder, Kind, was surprisingly dismissed as managing director of Hannover 96 Management GmbH last week. Kind does not consider the dismissal to be lawful and is contesting it in court. Since then, the relationship between the parent club on the one hand and Kind’s professional football division on the other has become increasingly strained.
The complicated structure of Hannover 96
At 96 there is a complicated structure of multiple companies. Kind is the majority shareholder of Hannover 96 Sales&Service GmbH&Co. KG, which owns 100 percent of professional football KGaA. However, since the 50+1 rule in Germany stipulates that the parent association must always have the majority of votes in an outsourced corporation, the managing directors of the KGaA are appointed by Hannover 96 Management GmbH. It is 100 percent owned by the parent club.
Following allegations of breach of contract against Kind, the club’s professional football arm has denied the parent club’s allegations. “Further legal processing of the assertions made and at the same time discrediting Mr. Martin Kind will take place at a legal level, with all the associated consequences, in order to avert further damage and dangers from Hannover 96,” said the professional football KGaA.
Parent club raises allegations against Martin Kind
The parent club had accused the club’s capital side of repeatedly violating the so-called Hanover 96 Treaty and the sponsorship agreements that had been concluded at the same time. A fixed donation was not paid at all and further donations “were not paid at the agreed time”.
The allegations made are entirely inaccurate and must therefore be rejected, the Kinds website said. The board of directors of the parent association “violated the clear statutes of Management GmbH and the “Hannover 96 contract” concluded with Hannover 96 GmbH & Co. KGaA,” it said.
Source: Stern
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