German Football League DFL investor deal: only three candidates left
Are looking for investors: The two DFL managing directors Marc Lenz (l) and Steffen Merkel. photo
© Jürgen Kessler/dpa
The German Football League has reduced the number of companies when selecting a possible investor. Of the original six candidates, three are still in the running.
The German Football League has reduced the number of companies when selecting a possible investor. Of the original six candidates, three are still in the running.
According to information from the German Press Agency, these are Blackstone, EQT and CVC. There was initially no statement from the DFL after a presidium meeting. “Bild” also reported on the reduction.
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.
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 almost a week ago. The league wants to use the money primarily to expand its infrastructure. This includes further digitization and internationalization as well as the development of our own streaming platform.
There was strong criticism of the decision from the fan camp. The supporters expressed their protest on banners in many stadiums last weekend.
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