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Home»Finance»Deutsche Bank, Citi interested in financing Serie A – sources
Finance

Deutsche Bank, Citi interested in financing Serie A – sources

January 31, 2023No Comments1 Min Read
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MILAN, Jan 31 (Reuters) – Deutsche Financial institution (DBKGn.DE) and Citigroup (C.N) have each individually expressed curiosity in financing the media enterprise of Italy’s prime soccer league Serie A, becoming a member of rivals corresponding to JPMorgan (JPM.N) and Goldman Sachs (GS.N), two individuals with data of the matter mentioned.

The 20 golf equipment that make up Serie A are anticipated to fulfill on Feb. 24 to debate the lenders’ proposals, in addition to these of assorted funding funds which have additionally approached the league to assist it develop its media rights enterprise.

Deutsche Financial institution declined to remark. Citigroup, whose curiosity in a possible financing cope with Serie A was first reported by Italian day by day Il Sole 24 Ore on Tuesday, declined to remark.

One of many sources mentioned Citi had made a preliminary strategy with Serie A in November.

Serie A’s key media enterprise has drawn curiosity from JP Morgan and Goldman Sachs, sources instructed Reuters final week, at a time when Italian golf equipment are methods to spice up their funds as properly to enhance their competitiveness at a European stage.

Reporting by Elvira Pollina and Valentina Za
Modifying by Keith Weir

: .

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