Hamburg have announced that they have reached an agreement with Thorsten Fink to be the club's new manager. He will be presented to the media at the beginning of next week. Fink has signed a contract with Hamburg until June 30, 2014.
"Thorsten Fink was the coach I wanted most for HSV. His personality and his way he conducts his business suits our philosophy. He will improve and develop our team."
The above statement from Frank Arnesen appeared on the Hamburg website today. Arnesen will be on the bench this weekend as manager, but former caretaker manager Rodolfo Cardoso will likely continue to run the team as the assistant. Arnesen was forced to step onto the sideline for this weekend match due to the DFL rule that only allows a team 15 days without a properly licensed manager in the dugout.
Fink, 43, joined FC Basel as manager at the beginning of the 2010-2011 season. His two full seasons there ended with the team winning the Swiss Super League both years. They are currently fourth in the lead and top of their group in the UEFA Champions League.
Hamburg will be forced to pay Basel a sum of €650,000 for the release of Fink from his contract according to Bild.