The possible entry of an investor into the German Football League failed in the spring after heated discussions. Now the project could come back on the table.
According to a report by “Sport Bild”, the clubs of the German Football League may once again look at bringing in an investor.
After the plans recently failed to find the necessary two-thirds majority among the 36 clubs in the Bundesliga and 2nd Bundesliga, they could now be discussed again, albeit under changed conditions. It was said that the new DFL managing directors Marc Lenz and Steffen Merkel would first gauge the mood among the clubs.
The league’s umbrella organization wanted to sell 12.5 percent of the revenue to a new subsidiary for a period of 20 years that would be responsible for marketing national and international media rights. Two billion euros should be raised, a significant part of which should be spent on modernization investments. Around 300 million euros from the sum should flow to the clubs for free use. Critics warned that an investor also wanted to exert influence. There was also resistance in the organized fan scene.
In view of the complete lack of income from investor entry, there may be a rethink and still the necessary majority for the plans. According to the report, there are considerations to sell 7.5 percent of the DFL subsidiary’s income and generate between 750 million and one billion euros.
The topic was initiated last Friday at a meeting of the DFL Presidium and DFL Supervisory Board by Supervisory Board Chairman Hans-Joachim Watzke. The managing director of Borussia Dortmund and vice president of the German Football Association supports the entry of an investor.
Source: Stern
I am Pierce Boyd, a driven and ambitious professional working in the news industry. I have been writing for 24 Hours Worlds for over five years, specializing in sports section coverage. During my tenure at the publication, I have built an impressive portfolio of articles that has earned me a reputation as an experienced journalist and content creator.
