A foreign investor is to take over the majority in the Bundesliga club Hertha BSC: The American private equity company 777 Partners LLC wants to acquire Lars Windhorst's stake in the Berlin club.

The expanding sports investor agreed to buy Windhorst's Tennor Holdings their 64.7% stake in Hertha, as announced on Thursday night.

The transaction still requires the approval of the board of directors of Hertha BSC and the DFL.

Hertha should benefit

"We are selling our Hertha shares to a renowned international football investor who believes in the multi-club ownership model and is actively and successfully developing it around the world," Windhorst explained in the press release on the deal.

Hertha BSC will not only benefit from the financial strength of 777.

The investor also brings "a great deal of professionalism, great expertise and an impressive international network of football clubs," according to Windhorst.

777's football portfolio includes Genoa CFC in Italy, Standard de Liege in Belgium, as well as Red Star FC in France and Sevilla FC in Spain.

He is also invested in Vasco da Gama in Brazil and Melbourne Victory FC in Australia.

Windhorst did not want to say how much he would get for his shares when he announced the conclusion of a deal at the economic summit of the Süddeutsche Zeitung on Wednesday.

He had paid around 375 million euros for his share.

Windhorst had been accused of hiring an Israeli spy company to bring down the former Hertha president.