Join Now | 
HomeAboutContact UsPrivacy & SecurityAdvertise
Soccer America DailySpecial EditionAround The NetSoccer Business InsiderCollege Soccer ReporterYouth Soccer ReporterSoccer on TVSoccer America Classifieds
Paul Gardner: SoccerTalkSoccer America ConfidentialYouth Soccer InsiderWorld Cup Watch
RSS FeedsArchivesManage SubscriptionsSubscribe
Order Current IssueSubscribeManage My SubscriptionRenew My SubscriptionGift Subscription
My AccountJoin Now
Tournament CalendarCamps & AcademiesSoccer GlossaryClassifieds
Dortmund: Allianz Deal Makes Bayern Stronger
Sky Sports News, February 12th, 2014 3:36PM

MOST READ

MOST COMMENTED

Borussia Dortmund general manager Hans-Joachim Watzke is worried that rival Bayern Munich, which is already 17 points ahead of his team in the league this season, will only become stronger thanks to the 110 million-euro ($149.5 million) cash injection that the club received in exchange for an 8.33 percent purchase of the club by German insurance giant Allianz on Tuesday. Allianz, which is also a sponsor, now owns the same amount of the club as Adidas and Audi.

"This development was predictable," Watzke said. "They've been negotiating with Allianz for a long time and I can only congratulate them on the deal, but the gulf to the rest of the Bundesliga is obviously going to grow further because of it."

Perhaps, but Bayern is not breaking any rules by selling the stake to Allianz. According to German league rules, only 25 percent of the club can belong to outside investors. Put together, Allianz, Adidas and Audi now own a combined 25 percent of the German treble winner. Read the original story...


No comments yet.

Sign in to leave a comment. Don't have an account? Join Now




AUTHORS

ARCHIVES
FOLLOW SOCCERAMERICA

Recent Section 2 Around the Net
City's Negredo Breaks Foot    
Manchester City striker Alvaro Negredo has broken his foot and will be out of action for ...
Liverpool Close to Remy Signing    
Liverpool on Monday activated the release clause of Queens Park Rangers striker Loic Remy, agreeing to ...
Evra Joins Juventus    
Juventus on Monday confirmed that Patrice Evra has officially joined from Manchester United on a two-year ...
Prandelli: Balotelli's World 'Far Away from Reality'    
Cesare Prandelli has said he did not fall out with Mario Balotelli during the World Cup ...
German Defender Biermann Commits Suicide    
German defender Andreas Biermann has committed suicide following a long battle with depression. The 33-year-old former ...
Uruguay President: Suarez Needs a Psychiatrist    
Uruguay President Jose Mujica claims that Luis Suarez needs help from a psychiatrist rather than a ...
Gerrard Announces England Retirement    
England captain Steve Gerrard on Monday announced that he is retiring from international competition. Gerrard made ...
Six Shakhtar Players Defect as Fighting Continues in Donetsk     
Six players from Shakhtar Donetsk refused to return to Ukraine for the club's new season as ...
Michu Joins Napoli on Loan    
Swansea City on Friday announced that striker Michu has joined Napoli on a season-long loan deal ...
Report: Juve Signs Morata    
AS is reporting that lvaro Morata has effectively become a Juventus player. The Spanish daily says ...
>> Section 2 Around the Net Archives