Pacific Media Group
A US-Chinese investment group is in the final stages of buying a stake in 3. Liga side 1.FC Kaiserslautern. The US outlet Bloomberg reported that the Pacific Media Group is ready to purchase 10% of the FCK-Kapitalgesellschaft. According to the report by Bloomberg, the deal could be completed by the end of the month. The four-times German champion did not want to comment on a potential deal.
The Pacific Media Group already owns shares in several clubs across Europe, including Barnsley (England), KV Oostende (Belgium), AS Nancy (France), and Esbjerg fB (Denmark). In 2020 a regional investment group purchased 33% of the FCK-Kapitalgesellschaft for €11 million and rescued the club after successful bankruptcy proceedings.
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