Three private equity groups await Serie A decision over ‘historic’ deal: sources

Three private equity groups have submitted final bids to Italy's top-flight soccer league and are awaiting a decision over a deal that could shake up the country's soccer industry, sources familiar with the matter told Reuters. The Serie A clubs are due to meet on Wednesday to review offers for a stake in a newly-created holding vehicle that will control the league's broadcasting rights business for the next 10 seasons, the sources said. "This is a historic decision for Italian football," one of the sources said.