Bundesliga
There was the green light for an investor to enter the Bundesliga
The management of the DFL (event authority of the first and second category) received the green light from the groups to begin negotiations for the entry of a potential investor.
A major upheaval is being prepared in the Bundesliga. Specifically, the first and second division teams gave the DFL administration (event authority for the 2nd Bundesliga) the green light to begin negotiations about a possible entry by an investor.
According to Kicker, at the general meeting on Monday (December 11th), 24 of the 36 parliamentary groups said yes, ten parliamentary groups said no and two parliamentary groups abstained from the vote, which was decided at the limit. In fact, the investment plan had not yet been approved in May.
Sales will be between 900,000,000 and 1 billion euros in the next few years if the investor receives a stake of around 8% in the DFL’s TV rights.
The difference from May is that the investment plan then referred to 12.5%. In addition, some “red lines” were set. This means the investor can interfere in financial matters and not in sporting matters, such as the start time of a game.
So far four funds are interested in investing. These are Advent, Blackstone, CVC and EQT.
Source: sport 24
I am a sports journalist who has worked in print and online. I have authored articles for a sports website and have covered sports news for over 6 years.
