German soccer league abandons investment deal after fan protests disrupt games


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DUESSELDORF, Germany — The German soccer league is abandoning plans to sell a stake in its media rights income to an outside investor after months of increasingly disruptive protests by fans. The league says its board decided Wednesday not to proceed with the deal. Private equity investor CVC Capital Partners was the only remaining prospective buyer for a 20-year slice of broadcast and sponsorship revenue in return for an up-front payment. Protests by fans throwing objects onto the field have caused lengthy stoppages at games for weeks since the clubs in the top two men's divisions voted in December to proceed with talks on the investment plan.

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James Ellingworth

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