Funds vie to invest in Italy's Serie A media rights, says source


FILE PHOTO: Soccer Football - Serie A - Juventus v Sampdoria - Turin, Italy - July 26, 2020 Juventus fans celebrate winning Serie A in Turin after the match, as play resumes behind closed doors following the outbreak of the coronavirus disease (COVID-19) REUTERS/Massimo Pinca/File Photo

MILAN (Reuters) - Italy's Serie A soccer league has received six bids from international funds interested in investing in broadcasting rights for top flight Italian matches, a source with knowledge of the matter said on Tuesday.

Looking for ways to lift flagging revenues and weather the coronavirus crisis, Serie A has asked investors to submit bids by Monday to buy a stake of up to 15% in a newly created media company that would control its broadcast rights.

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