Serie A gets third VC hunting $bn stake as overseas broadcast deal comes under threat
June 24 – A third private equity firm has expressed an interest in bidding for a stake in Serie A, ironically at a time when the league looks on the verge of losing its biggest international rights buyers.
Advent International has, according to Bloomberg, thrown its venture capital hat into the Serie A ring, with an offer potentially valuing Serie A at $13 billion.
CVC Capital Partners is nearing the end of an exclusive period of negotiation with Serie A over a potential €2.2 billion (US$2.4 billion) deal to buy 20% of the league.
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