Italy's Serie A defers decision on media business stake sale


MILAN (Reuters) - Italy's Serie A soccer league has deferred a decision over a project to sell a minority stake of its media business, as representatives of the country's top flight clubs have asked for more time to assess private equity fund proposals.

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

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Football

Soccer-Arsenal enter enemy's den as title race reaches boiling point
Soccer-Female refereeing team to take charge of Serie A game for first time
Soccer-Leipzig want fourth spot irrespective of potential extra Champions League place-club
Soccer-Spanish government to oversee football federation until new elections
Soccer-Under pressure Juventus and Milan face off in fight for second place
Soccer-Xavi says Barca project behind decision to stay, not money
Soccer-Dortmund and Leipzig meet in key battle for top four spot
Soccer-Disputed cup tie awarded to Moroccan side after kit confiscated
Soccer-Criticism part of life at Manchester United, Fernandes says
Soccer-French President Macron scores penalty in charity match

Others Also Read