MILAN :Italy's Serie A will on Monday ask its 20 clubs whether they want to kick-off a process to study proposals by private equity firms and banks interested in investing in the top flight soccer league's media business, a document seen by Reuters showed.
A third option would combine equity and debt. The equity contribution would be lower because it would focus on a company holding only Serie A's international media rights. Citi, Goldman Sachs, JPMorgan and Barclays are the lenders listed in the document, which also mentions private equity firms Apollo, Apax, Carlyle, Three Hills Capital Partners and Searchlight.
Later this year Serie A is expected to invite applications for rights screen its matches in Italy for up to five seasons starting from 2024/2025.
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