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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Soccer-Serie A's media business gets private equity interest from Carlyle, others - sourcesMILAN (Reuters) -Private equity firms including Carlyle Group and Apax Partners have expressed interest in investing in the media business of Italy's top flight Serie A soccer league, two sources familiar with the matter said on Monday.
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