German Football League - DFL investor deal: Only three candidates left
The German Football League has reduced the number of companies in the selection of a potential investor. Three of the original six candidates are still in the running.
According to Deutsche Presse-Agentur, these are Blackstone, EQT and CVC. The DFL did not initially comment on this after a board meeting. Bild" also reported on the reduction.
A financial investor is to pay one billion euros for a percentage share of the TV revenues. The contract is to have a maximum term of 20 years and be signed by the start of the 2024/25 season.
Process until the end of March
The process will run until the end of March next year, as the DFL explained after the general meeting just under a week ago. The league intends to use the money primarily to expand its infrastructure. This includes further digitalization and internationalization as well as the development of its own streaming platform.
There was fierce criticism of the decision from the fan camp. Supporters expressed their protest on banners in many stadiums last weekend.
DFL
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Source: www.stern.de
