The DFL had hoped for two billion euros from an investor (symbol image) Photo: pse nic
From BZ/Reuters
According to one participant, the plans of the German Football League (DFL) to involve an investor in the media rights have fallen through.
The necessary two-thirds majority was missed in an extraordinary general meeting of the 36 professional clubs in Frankfurt, the insider told the Reuters news agency on Wednesday. The DFL had hoped for around two billion euros.
In return, the financial investor should receive a 12.5 percent share of the proceeds from the media marketing of the Bundesliga for at least 20 years.