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Bundesliga remains German
17 Oct 2008 - 07:27:03
The German Bundesliga will remain a domestic affair after the league administrators voted to continue their ban on foreign ownership of clubs.
The German Football League (DFL) met on Thursday to discuss plans to change a rule which prevents foreign investors from owning more than a 50 per cent stake in any one club.
Several Bundesliga clubs are rumoured to be on the shopping list of overseas investors, but the DFL effectively put up a not for sale sign on Thursday after recommending the '50+1 rule' remained in place.
"This decision has been taken after a very intense discussion," said DFL president Dr Reinhard Rauball.
"The Bundesliga thrives on its stability and balance. The protection of the competition must be maintained.
"The decision we have taken should help maintain this."