Puma to take a stake in football club - sportstextiles: Lea SportsTextiles

News

Puma to take a stake in football club

26/08/2014
Sports brand Puma has said it intends to invest in a new share issue announced by German football club Borussia Dortmund.

The Dortmund club said on August 21 that it wanted to raise new capital to finance debts of around €40 million. It is Germany’s only listed football club.

Puma announced on the same day that it intended to buy up to 5% of the club’s equity. It has long been Borussia Dortmund’s kit supplier.


Related stories:

Nike’s lightest jacket aims to solve dilemma for footballers 15/01/2015
Puma to support Czech Republic into next decade 10/09/2014
Adidas’ latest football distinguishes between left and right 03/09/2014
London gaming event to celebrate adidas’ Predator boot 29/08/2014

Sportstextiles.com cannot be held responsible for content if the language setting is changed from English.

The translations provided by Google Translate are automated and therefore might not be accurate and may contain incorrect, offensive or misleading language. We offer this facility as a guide only.