- Fans had gone to extreme lengths to draw attention to issue
- ‘Continuation of the process no longer seems possible’
The German football league, which runs the Bundesliga, has abandoned plans to sell a stake in its media rights income to an outside investor after months of increasingly disruptive protests by fans. The league, known as the DFL, said its board had decided not to proceed with the deal.
The private equity investor CVC Capital Partners was the only remaining prospective buyer for a 20-year slice of broadcast and sponsorship revenue in return for an upfront payment.
Continue reading…Fans had gone to extreme lengths to draw attention to issue‘Continuation of the process no longer seems possible’The German football league, which runs the Bundesliga, has abandoned plans to sell a stake in its media rights income to an outside investor after months of increasingly disruptive protests by fans. The league, known as the DFL, said its board had decided not to proceed with the deal.The private equity investor CVC Capital Partners was the only remaining prospective buyer for a 20-year slice of broadcast and sponsorship revenue in return for an upfront payment. Continue reading…
