Serie A may revive media stake sale plan but only with higher valuation - Agnelli

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Italy's Serie A soccer league may consider reviving a plan to sell a stake in its media business only if potential bidders offered to pay more ...

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Italy's Serie A soccer league may consider reviving a plan to sell a stake in its media business only if potential bidders offered to pay more following the success of its domestic TV rights tender, Juventus chairman Andrea Agnelli said.

Serie A has been in talks for months with a consortium including CVC Capital Partners, Advent International and Italian fund FSI, which offered 1.7 billion euros for a 10per cent stake in a unit managing the Italian league's media business.But the plan floundered after seven clubs, including Juventus and Inter Milan, moved against the deal, citing a better than expected response to the tender awarding Serie A's domestic TV rights..

Juventus have been one the founding members of a European Super League project, which has collapsed after eight of the 12 clubs involved from England, Italy and Spain abandoned the breakaway project under massive pressure from fans, politicians and soccer officials.After the announcement of the breakaway league, Agnelli stepped down as head of the European Club Association.

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Greedy fucker

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