CVC Capital Partners Offer Lega Serie A Bumper €11B TV Deal Over Next Decade

CVC Capital Partners Offer Lega Serie A Bumper €11B TV Deal Over Next Decade
May 14, 2020 15:40
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CVC Capital Partners have offered Lega Serie A a deal worth €11 billion to obtain rights to broadcast Serie A football for the next decade according to a report by Italian media outlet Il Sole 24 Ore, a publication focused entirely on business and finance.

Lega Serie A are set to compose a committee of four members to decide upon the offer and the report claims that it could consist of Juventus president Andrea Agnelli, Lazio president and owner Claudio Lotito, Napoli president and owner Aurelio De Laurentiis and Atalanta president and owner Antonio Percassi.

The report goes on to add that CVC Capital Partners would like to purchase a 10/15% share in the league which will be worth some €2.2 billion.

CVC partners are a Luxembourg based private equity and investment advisory firm who were founded back in 1981. They have invested in some 73 companies worldwide and have a combined total assets worth of no less than €75 billion.

By Cammy Anderson
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