Bayern Munich and BVB

BVB: Germanys only publicly listed soccer club, known as BVB, is targeting an agreement to sell at least a 5 percent stake each to two strategic partners by the end of September, following the sale of a 9 percent holding to Evonik Industries AG EVK in June, said Hans-Joachim Watzke, BVBs managing director, according to Business Week. Chemical maker Evonik, sporting-goods company Puma SE PUM and insurer Signal Iduna are among the teams backers as it tries to emerge from the shadow of Bayern, Germanys most successful soccer club. Since winning the Bundesliga in 2011, BVB took the title again in 2012 and was runner-up to Bayern this year and last. It lost to its Munich rival in the Champions League final in 2013 and Borussia Dortmund GmbH Co. KGaA, the soccer club that won Germanys top league six years after its near collapse in 2005, is seeking new investors to help boost salaries and close the gap on teams including Bayern Munich. It doesnt necessarily have to be a German company or one of our present sponsors, Watzke said in a July 24 interview at the clubs headquarters in Dortmund. A strategic partner mustnt be a locust or a fund but rather an investor with a significant long-term sponsoring interest, he said. (news.financializer.com). As reported in the news.