DFL rejects Hannover’s bid for 50+1 exemption

Hannover 96 has signalled its intention to fight against a German Football League (DFL) ruling to reject the application from the Bundesliga club’s president, Martin Kind, for an exemption from the 50+1 rule governing ownership in the domestic game.

The 50+1 rule, which essentially prevents wealthy outside investors from seizing control of clubs, has been the subject of much debate in Germany in recent months. The rule states that a club must retain 50 per cent of the shares in its professional football team, plus one share, therefore preventing any other shareholder or entity from acquiring a majority stake.