{"id":52014,"date":"2023-12-12T18:52:42","date_gmt":"2023-12-12T18:52:42","guid":{"rendered":"https:\/\/www.africa-press.net\/mozambique\/all-news\/german-football-timidly-opening-doors-for-international-investors"},"modified":"2023-12-12T19:21:04","modified_gmt":"2023-12-12T19:21:04","slug":"german-football-timidly-opening-doors-for-international-investors","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mozambique\/all-news\/german-football-timidly-opening-doors-for-international-investors","title":{"rendered":"German football timidly opening doors for international investors"},"content":{"rendered":"

Africa-Press – Mozambique. <\/strong><\/span>After a second vote and revised key points, German football is finally opening doors for a strategic investor.<\/p>\n

In a second attempt, a two-thirds majority of the 36 professional clubs this Monday voted in favour of a new partner to increase the league\u2019s international competitiveness.<\/p>\n

Plans of the German league association DFL envision an extra influx of up to one billion euros (about 1.08 billion US dollars) with a partner benefiting from increasing revenues from media rights for a period of up to 20 years.<\/p>\n

Unlike in May, when a majority vote failed, reports speak of an eight percent participation for the new investor when it comes to media-rights revenues.<\/p>\n

The new deal, set to start in 2024, includes several red lines such as a restricted influence on sporting decisions like kick-off times.<\/p>\n

The German league\u2019s intentions come as a direct response to the vast advantage the Premier League has created by collecting nearly eight billion euros (8.6 billion US dollars) in international and national markets for a TV deal from 2025 onwards.<\/p>\n

League association officials spoke of the attempt to secure second place in European football after the Premier League, while other leagues have lately made further progress.<\/p>\n

Bayern Munich chairman Jan-Christian Dreesen called the Premier League untouchable and said the new deal is far from a sellout. Spain\u2019s La Liga, France\u2019s Ligue 1, and Italy\u2019s Serie A have triggered similar actions, while the German league has lost ground compared to its European competitors.<\/p>\n

The DFL\u2019s revenues of only 170 million euros (about 183 million US dollars) appear small compared to La Liga (897) and Serie A (205). The Bundesliga has dropped to fourth position among Europe\u2019s top-five leagues.<\/p>\n

The French league in 2023 opened doors to investors, allowing them to buy the majority of shares of clubs, and is expected to challenge the German league.<\/p>\n

The DFL intends to maintain the 50-plus-one rule as a national specificity, as most of the 36 clubs from the first and second tier are voting in favor of the current rule. The German rules don\u2019t allow investors to acquire the majority of shares from clubs.<\/p>\n

The DFL\u2019s actions are said to primarily strengthen the league\u2019s digitalization, infrastructure, and international marketing. Dreesen called the new deal a \u201cstep into the future.\u201d<\/p>\n

The DFL plans to use the additional investment to set up a streaming platform to create greater access to games for international viewers. Experts say up to 200 million international fans are considering spending 100 euros (about 107.6 US dollars) per season to see games live.<\/p>\n

Marketing experts fear the Bundesliga might turn into a development league, accompanied by the loss of emerging stars if it doesn\u2019t head for new strategies. Nearly half of the league\u2019s recent transfer income of 600 million euros (about 645.8 million US dollars) came from the Premier League.<\/p>\n

Fan organizations have expressed concerns about a possible growing influence of investors from outside and used last weekend\u2019s league game days for intense protests.<\/p>\n

For More News And Analysis About Mozambique<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Mozambique. After a second vote and revised key points, German football is finally opening doors for a strategic investor. In a second attempt, a two-thirds majority of the 36 professional clubs this Monday voted in favour of a new partner to increase the league\u2019s international competitiveness. Plans of the German league association DFL […]<\/p>\n","protected":false},"author":84,"featured_media":52012,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,17],"tags":[233,281,283],"class_list":["post-52014","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-sport","tag-africa-press","tag-africa-press-mozambique","tag-mozambique"],"yoast_head":"\nGerman football timidly opening doors for international investors - Mozambique<\/title>\n<meta name=\"description\" content=\"After a second vote and revised key points, German football is finally opening doors for a strategic investor. 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