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The path is clear for investors to get involved in the DFL!

The DFL is allowed to negotiate with potential investors! The proposal received the necessary majority at the general meeting of the 36 clubs in the 1st and 2nd Bundesliga.

That’s what he reports Kicker on Monday afternoon. Accordingly, 24 of the 36 clubs voted for possible investor entry. The required two-thirds majority was achieved in the secret vote. Two clubs should have abstained, ten would have voted against. Now she has it too Bild reported this result. An official statement on the announced press conference is still pending.

In May, the German Football League’s (DFL) plans to bring in an investor failed due to the vote of the 36 professional clubs from the 1st and 2nd Bundesliga.

DFL Supervisory Board Chairman Hans-Joachim Watzke then announced: “Despite the clear majority, it is clear to us that the process has been completed. This is democracy.”

But the process wasn’t quite finished yet. There was another vote at the DFL general meeting on Monday. The representatives of the 36 clubs met in a hotel at Frankfurt Airport. “It is a milestone for the DFL,” said an anonymous representative before the meeting.

The DFL wants to further promote digitalization and internationalization and needs money for this. The big controversial topic: Is investor entry necessary for this?

It was already known in advance which clubs had spoken out for and against the entry of an investor.

For entry level investors

Against the entry of investors

Not clear

Not yet expressed

abstention

The renewed vote on investor entry was now about a volume of around one billion euros. In return, the investor should receive around eight percent of the proceeds from the marketing rights. For this purpose, the DFL wants to establish a subsidiary called “MediaCo”. The investor deal is expected to have a term of 20 years.

The clubs that vote for an investor hope that his expertise will increase marketing and thus the income of the 1st and 2nd Bundesliga. The DFL would also depend on this because it would have to forego eight percent of its income over the next 20 years.

However, critics see the danger that an investor can at least indirectly influence decisions such as the design of the game plan or games abroad. The topic of playoffs could also become an issue again due to the marketing opportunities. The entry of investors is and remains a warning signal for fans.

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2023-12-11 20:14:13
#path #clear #investors #involved #DFL

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