Second attempt for the Bundesliga investor deal: At the DFL general meeting, the 36 first and second division clubs want to vote on a scaled-down entry by an external investor. The outcome is open because there are still many critical voices.
The vote in the stadiums has long since taken place. If the fans have their way, the new investor deal that the German Football League proposed to its 36 members from the first and second Bundesliga will also be rejected. At the general meeting on Monday, the 36 professional clubs will vote on whether the DFL will allow an external investor to join.
In order to clear the way for a billion-dollar deal, a two-thirds majority is needed at the meeting in a Frankfurt airport hotel. This was narrowly missed in the first attempt in May of this year. The exit is open this time too.
Resistance from the fan camp
There has been resistance from the fan camp for months. The supporters who protested with banners in many stadiums last weekend fear that the entry of an investor will distort competition. “It remains: No to investors in the DFL!” or “Stop DFL investor entry” could be read on banners.
Six companies are said to have expressed interest in a partnership with the DFL. A financial investor is expected to pay one billion euros for a percentage share of the TV revenue. The contract should have a maximum term of 20 years and be signed by the start of the 2024/25 season.
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Bundesliga clubs are also against the deal
The supporters include record champions FC Bayern Munich, Borussia Mönchengladbach and Bundesliga relegated FC Schalke 04. The deal is rejected by, among others, 1. FC Cologne and SC Freiburg, which voted for it in the spring.
Maybe there won’t even be a vote on a possible strategic marketing partnership on Monday. Before the meeting, Union Berlin President Dirk Zingler had called for a postponement in a letter to the league association and all 35 other professional clubs. In his opinion, the vote came “at the wrong time.”
Source: Stern
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