Dispute over investor: DFL presidium calls for new vote | Sports

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The fuss about the planned DFL investor continues!

After the Ultra protests in the stadiums and the demands of several clubs for a new vote on the entry of a TV marketing partner, according to information from BILD and SPORT BILD, the DFL executive committee will meet with BVB boss Hans-Joachim Watzke (64) on Wednesday Great.

Two information events are to be prepared on February 28th and 29th, at which the 36 professional clubs will be informed about the current status of negotiations with the investment company CVC.

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Source: BILD18.02.2024

For a maximum of eight percent share of TV revenues over 20 years, CVC has to pay at least one billion euros.

The further timetable: After the CVC deal has been finally negotiated, the executive committee will invite the clubs to an extraordinary general meeting in March, although this would actually not be necessary.

Because: In December, the necessary two-thirds majority (24 yes votes) gave the Executive Board the final mandate.

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But: There is much to suggest that 96 boss Martin Kind (79) did not follow the instructions of the parent club (Hannover 96 eV) to vote against the investor. And so that there would be a violation of 50+1.

That’s why Cologne, among others, is calling for another vote on whether the Presidium should be exempt from the final mandate. In this case everything would be reset to zero. The 36 clubs would once again vote on whether an investor would be brought on board.

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The legal problem: No club lodged an objection with the Permanent Court of Arbitration within a four-week period after the December vote. The final mandate is therefore legally valid.

The fact that the Presidium is now voting again should be seen as a compromise offer.

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The two options: The 36 clubs release the executive committee from the final mandate with a simple majority – and thus from liability.

Or the clubs confirm the mandate – also with a simple majority. CVC is then completed immediately.

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