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Bundesliga votes no to change

11 Nov 2009 - 07:14:27

The German Football League have voted almost unanimously to keep in place the ruling which prevents overseas investors form gaining control of Bundesliga clubs.

The current regulations stipulate that external investors can only own 49 per cent of any club, with at least 51 per cent having to remain in the hands of the club's members.

Only one club, Hannover, voted in favour of a change with a further three clubs abstaining in a vote of all first and second division outfits.

German Football League (DFL) president Dr Reinhard Rauball stated: "The result cannot be any clearer.

"The Bundesliga remains faithful to itself and will continue to build on the factors which have made a decisive contribution to making German football successful over recent decades.

"These are stability, continuity and being close to the fans."

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