Volkswagen Group considers ending football investments including Bayern Munich equity

Volkswagen AG is evaluating a strategy to withdraw from its professional football investments, potentially impacting its long-term partnership with Bayern Munich. A board-approved directive, resolution point 10.9, indicates that owning equity in football clubs no longer aligns with the company’s corporate model. This potential exit threatens Audi’s 8.33% stake in Bayern Munich and the current vehicle sponsorship agreement, which is scheduled to run through 2029. While Bayern Munich stated it remains satisfied with the alliance, the club and other affected organizations like VfB Stuttgart and FC Ingolstadt now face uncertainty regarding their shareholder structures. Volkswagen currently holds full ownership of VfL Wolfsburg alongside minority stakes in several other German clubs. A formal decision regarding future sports marketing commitments is expected next summer, as an extension of the current partnership currently appears unlikely.

• 10:00 PMYahoo Sports — Bayern Munich could lose decades long partner Audi