Bloomberg Law
May 26, 2023, 6:30 AM

German Football Bets It Doesn’t Need Private Equity to Win

David Hellier
David Hellier
Bloomberg News

German football fans are gearing up for a dramatic showdown this weekend, when the Bundesliga title race will be decided on the final day of the season. For the first time since 2012, the country’s richest club Bayern Munich looks set to lose out to archrival Borussia Dortmund.

Ending Bayern’s decade of dominance would chisel away at the narrative that Germany’s top football competition has become a boring affair lacking the appeal of the UK’s Premier League or Spain’s LaLiga. But critics point to another watershed decision in Germany this week — one that may prevent Bundesliga clubs from getting the ...

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