Borussia Dortmund sceptical of DFL's proposed sale of a stake to private equity

5 March 2021

Tress
Photo: Alamy "There might be a sensible discussion if there is an added value to increase the value of the broadcasting rights, but if it is just about selling a portion of the future to make money available in the short term it would not be senseful," says Thomas Tress.

The Bundesliga's global potential has been made evident by interest from private equity firms who are in talks to acquire a stake in the DFL.

But why can't the league's grow its brand by itself, ponders Borussia Dortmund CFO Thomas Tress.

If done purely to provide an immediate cash bailout for struggling clubs the league should rather commit to a much cheaper standard financing operation.

Emil Gjerding Nielson nielson@offthepitch.com

Christian Seifert, the German Football League's (DFL) chief executive, has been leading discussions in recent months over a sale of a stake in its international broadcasting unit with interest from "over 40" private equity firms who believe there is a significant potential in growing the global brand.

But the DFL should proceed with caution, according to Borussia Dortmund's chief financial officer, Thomas Tress, who is hesitant of the league committing to an operation that could turn out to be expensive in the long run.

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