Other European national soccer leagues such as Spain's LaLiga and France's Ligue 1 have clinched deals to sell part of their media business to private equity funds to sustain investments after the pandemic hit clubs' finances hard.
Carlyle, Apax and Three Hills held a meeting with Italy's top flight soccer league chiefs last week as the three private equity firms were considering a joint proposal, sources had previously told Reuters. Private equity investors have approached Serie A as it prepares to tender its broadcasting rights, possibly in January.
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