- ANFP reportedly hunting for higher-profile investor that specialises in ‘technology innovation’
- League aims to stick to methods taken by LaLiga and Ligue 1
Chile’s Asociación Nacional de Fútbol Profesional (ANFP) is hunting for an investor to obtain a stake in its media rights business enterprise, according to Bloomberg.
The ANFP, which governs the country’s top rated two domestic soccer leagues, reportedly aims to sell a 20 per cent stake of a newly designed organization that controls the industrial rights of Primera División de Chile and Primera B. The business enterprise will residence tv, naming, sponsorship and licensing rights.
The ANFP is purportedly browsing for a higher-profile investor that can create new income streams, with an emphasis on technologies innovation.
Must the ANFP uncover a purchaser, it would represent the most current investment in South American soccer, which has observed a current surge in monetary backing, especially in Brazil. A report in November mentioned that the Brazilian Football League (Libra) was in talks to sell a stake in its proposed competitors to United Arab Emirates (UAE) investment firm Mubadala Capital. Meanwhile, Peru’s Liga 1 sold its media rights final September to agency 1190 Sports, which is backed by Miami-primarily based investment organization 777 Partners.
The practice of soccer leagues promoting stakes in their media rights organizations has grow to be increasingly typical in Europe. Notably, private equity firm CVC Capital Partners has acquired stakes in the industrial subsidiaries of France’s Ligue 1 and Spain’s LaLiga.
This will not occur in Germany, on the other hand, soon after clubs from the country’s top rated two tiers rejected plans to sell a stake in the Bundesliga’s media rights business enterprise.
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