German football has opened the door to private equity investment. What happens now?

This week the DFL confirmed that 36 teams from the Bundesliga and 2. Bundesliga had given the governing body permission to negotiate a potential deal with a league investor. German football is now hoping to generate around $1 billion in additional income by selling 8% of its licensing revenue from the DFL’s commercial rights for the next 20 years. On today’s extended podcast, Manu and Matt break down all the details, discuss whether it’s a good idea and what it will mean for the future of German football. Enjoy!