Bundesliga clubs greenlight billion-euro private equity fundraising for commercial rights

December 12 – Germany Bundesliga And Bundesliga 2 clubs to have green light A proposal has increase A estimated €1 billion In private equity investment In back For A 20 years share In their commercial rights.

Vote has THE LDF Members Assembly In Frankfurt on Monday, 24 of THE 36 clubs were In service of THE plan, just enough has give THE proposal THE necessary two-thirds majority has continue.

THE LDF said he will NOW to start negotiation with A number of interested evenings on What he East call "A strategic marketing Partnership… In THE form of A Licence model that provides For THE establishment of A new marketing company".

THE LDF media And other commercial rights will be allowed has THE new business – LDF e.V. THE private equity investor will to have A minority interest In THE business And will receive A maximum of 8% of THE income Since THE sale of THE LDF commercial rights For 20 years, THE duration of THE Licence agreement.

While THE generally sum has be invested has has been put has about €1 billion, THE LDF said "THE exact Rising of THE investment will form part of THE negotiations with THE the bidders, And, In addition has THE key economic points, these negotiations will Also include due diligence And THE finalization of THE business plan In detail."

THE negotiations are expected has be completed by THE END of March 2024.

THE LDF said THE new money will "secure THE long term And sustainable success" of THE clubs And THE high two divisions.

"THE aim East For THE Bundesliga And Bundesliga 2 has continue has be competitive In sporty And commercial terms, And stay financially stable while maintain THE balance between social the integration And economic growth. »

In Can, clubs vote against sale disabled A bet In their media interests has private equity. HAS THE even time there was A management change In THE LDF that was charge with rework What East basically THE even investment proposal.

Advent International, Black stone, Bridge point, HVAC Capital The partners, And EQT, to have all has been appointed as private equity companies that to have Express A interest However No detail has has been given as has THE final list of companies that are In negotiation with THE LDF.

Contact THE writer of This history has moc.l1702371122labto1702371122ofdlr1702371122owedi1702371122sni@n1702371122osloh1702371122cin.l1702371122uap1702371122