Germany's top-flight soccer league has scrapped plans to sell a 25% stake in its overseas broadcasting rights after resistance from Bundesliga clubs concerned about private equity firms meddling in their affairs. The German Football League (DFL), which organises the country's top two leagues, said in a statement on Wednesday that the talks on the stake sale were not being continued for now. Earlier this month, DFL shortlisted buyout funds including KKR, Bridgepoint and CVC for a sale that had been expected to value the Bundesliga's overseas broadcasting rights at roughly 2 billion euros ($2.4 billion).
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