Soccer - Cologne Vice Chairman Sauren again speaks out against DFL investor
FC Köln has become the second Bundesliga club after SC Freiburg to publicly position itself against an investor joining the German Football League (DFL ). "The DFL has significantly improved its investor proposal. But unfortunately it has still not sufficiently examined whether there are more sensible alternatives to a private equity investor," Cologne's Vice President Eckhard Sauren told ARD's "Sportschau": "We still consider it imperative that only the 36 professional clubs decide on the development of German professional soccer and that no private equity company sits at the table."
According to information from "Kicker", the DFL is said to have informed the professional clubs of the interest of several private equity companies. According to this information, the DFL received so-called initial offers after the deadline on Thursday.
Following the resounding failure of the first attempt, in which Cologne also took a clear stance against the idea, the DFL will make a new attempt at the general meeting on December 11. The 36 Bundesliga 1 and 2 clubs will then vote again on a possible investor deal. The new partner is to pay between 900 million and one billion euros spread over several seasons for an eight percent share of the TV revenue. The contract is to have a maximum term of 20 years and be signed by the start of the 2024/25 season.
Article at sportschau.de
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Source: www.stern.de
