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Avenue Capital Emerges as Frontrunner for Stake in Serie A Media Rights Venture, Sources Say
The offer would value the venture at €3.2 billion as Serie A seeks new revenue from weaker overseas media sales.
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WTVBAvenue Capital emerges as frontrunner for stake in Serie A media rights venture, sources say
MILAN, Oct 16 : Private equity firm Avenue Capital has emerged as the leading bidder for a minority stake in the company that will hold the international media rights of Italy's top soccer league Serie A, two people with knowledge of the matter told Reuters.Serie A is exploring the sale of a stake in a compan
·Singapore, Singapore
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It will be balloting between Avenue Capital and the cordata formed by Nextalia and Carlyle. The League hopes to arrive to revenues for 500 million
International rights fund Serie A, the clubs of the Italian championship will continue to work to get to the vote between November and December
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