• Wed. Jun 7th, 2023

Chilean soccer league appears to sell stake in media rights small business, says report


May 25, 2023
  • ANFP reportedly searching for higher-profile investor that specialises in ‘technology innovation’
  • League aims to adhere to actions taken by LaLiga and Ligue 1

Chile’s Asociación Nacional de Fútbol Profesional (ANFP) is searching for an investor to obtain a stake in its media rights small business, according to Bloomberg.

The ANFP, which governs the country’s prime two domestic soccer leagues, reportedly aims to sell a 20 per cent stake of a newly developed corporation that controls the industrial rights of Primera División de Chile and Primera B. The small business will property tv, naming, sponsorship and licensing rights.

The ANFP is purportedly browsing for a higher-profile investor that can create new income streams, with an emphasis on technologies innovation.

Really should the ANFP come across a purchaser, it would represent the most current investment in South American soccer, which has noticed a current surge in monetary backing, specifically in Brazil. A report in November mentioned that the Brazilian Football League (Libra) was in talks to sell a stake in its proposed competitors to United Arab Emirates (UAE) investment firm Mubadala Capital. Meanwhile, Peru’s Liga 1 sold its media rights final September to agency 1190 Sports, which is backed by Miami-primarily based investment corporation 777 Partners.

The practice of soccer leagues promoting stakes in their media rights companies has grow to be increasingly prevalent in Europe. Notably, private equity firm CVC Capital Partners has acquired stakes in the industrial subsidiaries of France’s Ligue 1 and Spain’s LaLiga.

This will not occur in Germany, nevertheless, soon after clubs from the country’s prime two tiers rejected plans to sell a stake in the Bundesliga’s media rights small business.

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