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Wednesday briefing: VfB Stuttgart hopes rise over finalising of Porsche 10.8 per cent stake deal

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20 December 2023 - 4:30 AM

Hopes have risen that the long-awaited deal for car manufacturer Porsche to acquire a 10.8 per cent stake in VfB Stuttgart could be finalised in the coming weeks.

According to Kicker, the deal was due to be discussed at the DFL’s latest Executive Committee meeting yesterday.

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

Howe

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