Friday briefing: Volkswagen consider selling stakes in Bayern Munich and Stuttgart

Volkswagen are considering selling their minority stakes in FC Bayern Munich and VfB Stuttgart as part of a review of football-related investments, according to local media organisation Correctiv. The carmaker are assessing holdings owned through subsidiaries Audi and Porsche while carrying out a wider restructuring programme.

Volkswagen are reviewing Audi’s 8.3 per cent stake in Bayern Munich and Porsche’s 10.4 per cent holding in Stuttgart, alongside other football sponsorship agreem