DFL Investor plan fails after not reaching majority

Kicker reports that the proposed investor plan by the DFL has failed after the vote did not reach the majority needed in today’s meeting. 

Out of the 34 teams involved in the vote, 20 voted in favour of the plan, 11 voted no and five abstained from the vote. A two-thirds majority (24) of the 34 was needed to approve the idea. The vote was done in secret at the request of Bochum. St Pauli had tried to get the vote postponed until August. 

Bild reports that most resistance to the idea came from 2. Bundesliga and a few Bundesliga clubs with FC Köln and Augsburg the named examples. The idea itself had received a constant protest from fans across the two divisions. 

What happens next is unknown. The Bundesliga and 2. Bundesliga separating is now a possibility, which itself would cause a host of other issues. 

The aim of the proposed plan was for an investor to require 12.5% over the next 20 years of a new DFL company called DFL MediaCo GmbH & Co. KGaA. This would give 2 billion to the DFL with 45% being given to the clubs for infrastructure and free use and the other 40% going to digitisation of the league. 

GGFN | Jack Meenan 


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