Thursday , April 18 2024

Tag Archives: Investment

DFL Executive Committee will not continue partner process!

At its extraordinary meeting in Frankfurt today, the Executive Committee of the DFL e.V. unanimously resolved not to continue the process of entering into a strategic marketing partnership. Hans-Joachim Watzke, speaker of the DFL e.V. Executive Committee, made the following statement: “In light of recent developments, it appears that continuing …

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A lot of opportunities for DFL clubs, no disadvantages for fans!

The DFL comments on the discussions concerning a strategic marketing partnership at league level and invites fans to continue dialogue. Part of what makes the fan culture in German football stadiums special is that fans can express their views on banners and in chants. It is with great respect and …

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Porsche AG’s VfB Stuttgart investment finalised!

The so-called “closing” marked the completion of Porsche AG’s acquisition of shares. In the coming years, the company will also play a major role as a VfB Stuttgart sponsor and in the club’s youth academy. As announced in June 2023, Porsche AG is initially acquiring a 5.49 per cent share …

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FSG announces strategic Dynasty Equity minority investment in Liverpool FC!

Fenway Sports Group have announced that global sports investment firm Dynasty Equity has completed a strategic common equity minority investment in Liverpool FC. “Our long-term commitment to Liverpool remains as strong as ever,” said FSG president Mike Gordon. “We have always said that if there is an investment partner that …

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Boost LaLiga consolidates its progress & receives €482m of funds promised by CVC!

LaLiga has today received, as was agreed, the injection of €482m that corresponds to the third payment stipulated in the deal with CVC, which will begin to be distributed to the clubs participating in Boost LaLiga. With this instalment, LaLiga has now received a total of €1,447m from the fund, …

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Porsche to invest into VfB Stuttgart!

VfB Stuttgart will expand its partner pool to include Porsche and MHP. The parties have agreed on a corresponding statement of principles. VfB and Porsche are examining an investment by Porsche in VfB Stuttgart 1893 AG, while Mercedes-Benz will remain with VfB as an anchor investor and sponsor. It’s a …

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RC Strasbourg has new shareholders in BlueCo!

The shareholders of Racing Club de Strasbourg Alsace have announced an agreement with BlueCo, the consortium which purchased Chelsea FC in May 2022. The agreement would mark a new chapter in Racing’s history as the ownership consortium commits to accelerate sustainable investment in the club’s growth, including in the first …

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