Soccer - FC Augsburg's Take on Investor Deal Vote
Following the vote on the German Football League's (DFL) investor deal, FC Augsburg managing director Michael Ströll explained the Bundesliga club's stance. "This is a significant, long-term strategy decision that affects German soccer deeply. Due to the importance and implications, we chose to abstain. We can only make a clear, responsible vote after thorough consideration," Ströll stated in an interview with the "Augsburger Allgemeine" (Tuesday).
The 36 first and second division clubs each voted in favor of the investment, with 24 in favor, ten against, and two abstentions. Ströll emphasized, "Given the democratic nature of this vote amongst the clubs, it deserves respect."
Second-division club 1. FC Nürnberg voiced doubts about the concept. Niels Rossow, Commercial Director, expressed concern to the "Nürnberger Nachrichten," stating, "Although we see the need for investment in DFL infrastructure, we didn't agree with the process or terms." Rossow emphasized the necessity of more information and a final opportunity for clubs to approve this significant transaction.
In contrast, SpVgg Greuther Fürth voiced support for the DFL's endeavor beforehand, stating that they were directly involved and would back the decision in agreement with the committees.
FC Bayern championed the cause for a 'yes' vote, with CEO Jan-Christian Dreesen expressing strong belief in the DFL's ability to strike a balance between tradition and vision. "A good partner can offer not just financial backing but also expertise and know-how to strengthen the DFL," Dreesen said in an interview with Deutsche Presse-Agentur.
According to the DFL's press release, the clubs granted the organization a mandate to negotiate with a strategic marketing partner, aiming to secure an investment of up to one billion euros for a minority share in TV revenues. The contract's term is capped at 20 years.
Insight
The DFL investor deal is a substantial move aimed at invigorating the league's infrastructure and operations. While FC Augsburg abstained due to consideration and responsibility, it recognized the democratic nature of the chiefly positive outcome. FC Bayern, as an industry leader, played a key role in advocating for the investment and the potential benefits it offers.
However, it is important to note that while the general context of the article pertains to German soccer, your initial request may have been for FC Schalke 04 specifically. Unfortunately, the text provided does not mention Schalke 04 in the context of this particular investor deal or vote involving the Bundesliga and second-division clubs.
Instead, Schalke 04 has been managing its financial challenges through a fan-based funding endeavor known as Auf Schalke eG[1]. TV revenue distribution among the Bundesliga clubs has also been an ongoing topic[2].
