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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.

,   and  Lauren Adams
2 min read
Looking for an investor: the two DFL managing directors Marc Lenz (l) and Steffen Merkel. Photo.aussiedlerbote.de
Looking for an investor: the two DFL managing directors Marc Lenz (l) and Steffen Merkel. Photo.aussiedlerbote.de

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

Read also:

  1. The German Press Agency reported that only three companies, including EQT, are remaining as potential investors in the Bundesliga, overseen by the DFL, in the search for a financial investor willing to pay one billion euros for a share of TV revenues.
  2. The Bundesliga, managed by the DFL, is looking to utilize the potential investment primarily for expanding its infrastructure, focusing on digitalization, internationalization, and the development of a streaming platform.
  3. The Marketing department of the DFL is likely to be involved in promoting the Bundesliga and its new investor, as interest in German soccer and the Bundesliga continues to grow both domestically and internationally.
  4. Following Germany's victory in this year's World Cup, the Bundesliga and its international presence have been generating a significant amount of coverage in the media, including reports from reputable sources like the German Press Agency and the German soccer-focused publication "Soccer Germany."

Source: www.stern.de

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