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Thursday briefing: German clubs reject plans to sell stake in Bundesliga media rights business to private equity firm

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25 May 2023 - 4:30 AM

Germany’s professional clubs have voted against plans to sell a 12.5 per cent stake in the Bundesliga’s media rights business to a private equity firm in a proposed deal that would have lasted for at least 20 years.

The 36 clubs in Germany’s top two divisions were able to vote at a DFL extraordinary general meeting on Wednesday over whether to proceed with a transaction, with approval from at least 24 teams needed for any plan to go ahead.

However, Kicker re

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