Italy's Serie A asked investors to submit bids by July 24 for broadcasting rights, say sources

Italy's Serie A asked investors to submit bids by July 24 for broadcasting rights, say sources

Malay Mail Online - Sports·2020-07-14 15:01

Serie A has been in exclusive talks for more than a month over a €2.2 billion (RM10.6 billion) bid from private equity firm CVC Capital for a stake of up 20 per cent in a venture managing the league's media rights for 10 seasons. — AFP pic

MILAN, July 14 ― Serie A has asked investors to submit bids for a minority stake in its broadcasting rights business by July 24, two sources close to the matter said yesterday, as Italy's top flight football league is looking at ways to weather the Covid-19 emergency.

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