Soccer-German Bundesliga drops foreign investor search after fan protests - DFL

Soccer Football - UEFA Congress - Maison de la Mutualite, Paris, France - February 8, 2024 CEO of Borussia Dortmund Hans-Joachim Watzke during the UEFA Congress REUTERS/Gonzalo Fuentes/ File photo

BERLIN (Reuters) -The German Football League (DFL), in charge of the country's top two divisions, on Wednesday stopped a process of finding a foreign investor for a stake in its broadcasting arm amid growing fan protests.

In December, Germany's first and second tier soccer clubs voted in favour of letting a financial investor take a stake of the DFL media arm in a deal valued at between 900 million and 1 billion euros.