Deal could value German soccer’s overseas broadcast rights at €2bn.

The German Football League (DFL), which oversees the top tiers of club soccer nationally, has drawn up its shortlist of private equity funds to buy a 25 per cent stake in its international broadcast rights business, according to Reuters.

The wire service reports that the KKR, Bridgepoint and CVC private equity firms have all advanced to the second round of an auction that could value the Bundesliga’s overseas broadcast rights at €2 billion (US$2.42 billion).

The German clubs will meet on 19th May to vote on the plans, with a two-thirds majority needed to move to the final phase. According to the report, final bids are expected by late June, with a deal envisaged in July.

Read more/Source: SportsPro