Union Berlin President Dirk Zingler has confirmed that he is generally open to investors in German football – as long as the type of deal is right.
“We as a Union are not fundamentally against investors in football for ideological reasons, because we ourselves are a club that has been investing in all of its areas with outside capital for 20 years. 1. FC Union Berlin is a story of courageous investors,” Zingler said in a club interview with the Bundesliga club.
Union Berlin was not one of the 24 first and second division clubs that gave their consent in mid-December for the planned entry of an investor into the German Football League (DFL). “We voted against this type of investor deal because we do not think it is good for the league. Because we believe that we are making a decision for a period of 20 years that we cannot yet foresee,” explained Zingler and added in general: “I am clearly against investors who are purely interested in returns. I am against multi-club ownership. I am against investors who actually change our football.”
Partner should pay one billion euros
After months of advertising, the DFL leadership was given the mandate to begin negotiations for a strategic partnership with an external investor. The new partner is to pay one billion euros for a percentage share of the TV revenue. The contract should have a maximum term of 20 years and be signed by the start of the 2024/25 season. A large part of the income will flow into the further development of the DFL business model and, above all, strengthen foreign marketing.
There had recently been strong criticism of the decision from the fan camps. “I would like to appeal once again to the term ‘shitty DFL’ in the protests. It’s once again unclear because basically the DFL employees didn’t decide that and neither did Mr Lenz and Mr Merkel as managing directors. The clubs decided it “So when it says “Shit DFL”, that’s once again the wrong addressee,” said Zingler.
