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Monday briefing: VfB Stuttgart set for €20 million injection as Porsche completes 10.8 per cent stake purchase

Stuttgart

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Ed Sheeran acquires 1.4 per cent stake in Ipswich Town

19 August 2024 - 4:30 AM

VfB Stuttgart are reportedly set to receive a cash injection of around €20 million this month following the completion of the second tranche of Porsche’s acquisition of a 10.8 per cent stake in the club.

The €41.1 million agreement was first unveiled last June, when the Bundesliga club announced a sponsorship package worth up to €100 million with Mercedes-Benz, Porsche and MHP.

However, Porsche’s acquisition of a stake was held up by a series of delays before the German Football L

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