German football league expects at least four bids in 1 billion euro stake sale, sources say ...Middle East

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FRANKFURT, Nov 26 (Reuters) – German football’s governing body Deutsche Fussball-Liga (DFL) has invited five financial investors to apply for a stake in the Bundesliga’s marketing rights, two sources familiar with the matter told Reuters. Investors would be expected to pay 900 million to 1 billion euros ($981 million-$1.1 billion) to the DFL over the next few years, according to a letter from it to the 36 professional clubs seen by Reuters. The potential strategic partners being considered are Advent, Blackstone (BX.N), Bridgepoint (BPTB.L), CVC and EQT (EQTAB.ST), according to the DFL letter. The DFL added that they could help strengthen its national media product and expand its digital a

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