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Commerzbank looks at financing Kirch TV deal
Germany - 16 October, 2007
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Leo Kirch may hand over financing of his project with the German football association (DFL) to Commerzbank AG.
A Commerzbank official said the move was a possibility, but no decision has been made.
The DFL awarded Sirius, a Kirch agency, the rights to market Bundesliga matches in the German-speaking region during 2009-2015. Sirius has guaranteed to pay DFL at least EUR 3.45 billion over a six-year period from 2009.
A Commerzbank official said the move was a possibility, but no decision has been made.
The DFL awarded Sirius, a Kirch agency, the rights to market Bundesliga matches in the German-speaking region during 2009-2015. Sirius has guaranteed to pay DFL at least EUR 3.45 billion over a six-year period from 2009.
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