U.S. Investor Sixth Street Prepares Bid For Minority Stake In Germany’s Football League – FT

U.S. Investor Sixth Street Prepares Bid For Minority Stake In Germany's Football League - FT

(Reuters) – U.S. investor Sixth Street is among the firms preparing a bid for a part of the media and commercial rights to Germany’s football league, the Financial Times reported on Monday, citing people familiar with the matter.

The sale of a minority stake in the Bundesliga rights could be valued up to 18 billion euros ($19.43 billion), according to the report.

Sixth Street and the Bundesliga did not immediately respond to Reuters requests for comment.

($1 = 0.9265 euros)

(Reporting by Gokul Pisharody in Bengaluru; Editing by Subhranshu Sahu)