SwedenLivingWorld world_2_fill WorldBusiness BusinessSports sports-soccer SportsEntertainmentEntertain

Green light to move forward – can bring in 200 million

Swedish women's football wants to bring in around 200 million kronor from American investors. Now the association says yes to a setup where Elite Football Women (EFD) can sign a contract for over 25 years.

» Published: 29 November 2024

Green light to move forward – can bring in 200 million
Photo: Claudio Bresciani/TT

Under the Swedish Football Association's representative meeting, a vote was held on whether American investors should be allowed to enter Swedish women's football, and representatives from the districts gave a resounding yes to the proposal.

We have worked within EFD on this issue for over a year. We see a world where we feel it is important that we keep up with lifting women's football. What we really want to do today is to test the question with the entire movement, says Anders Billström, EFD's chairman, during the meeting.

"Difficult with financing"

We must have all clubs on board with this, if you want to do something like this, it requires a consensus decision, he continues.

EFD sees it as a difficult task to keep up with the development when other parts of Europe are making major investments in women's football, unless additional resources are provided.

It is difficult with financing in women's football. We understand the need to bring in another and larger investor in women's football, says association chairman Fredrik Reinfeldt during the representative meeting.

The association owns the commercial rights to Damallsvenskan, but the interest association EFD gets a user right to the rights through a principle agreement that normally lies on two years.

Give 200 million kronor

EFD now wants to have the opportunity to sign an agreement with American investors for 25 years, but then it requires an adjustment of the agreement.

With this construction, EFD does not have a finished contract on the table that we say you should sign. We have a sketch that we ask for a mandate from the representative meeting to move forward with. We want to get a growing interest in women's football, says Fredrik Reinfeldt, who before the meeting gave a thumbs up to move forward with the proposal.

Little is known about the investor group called "Women's Football Group". It should, however, consist of both Americans and Swedes, according to DN.

Several Swedish media outlets have reported that the agreement can be worth 200 million kronor for women's football.

Tags
TTT
By TTThis article has been altered and translated by Sweden Herald

More news

The Superstar Brought Down a Swede – Who Was Forced to Leave
1 MIN READ

The Superstar Brought Down a Swede – Who Was Forced to Leave

World Number Two Booed for Coffee Comment
1 MIN READ

World Number Two Booed for Coffee Comment

Chaos in the stands: "Completely drunk"
2 MIN READ

Chaos in the stands: "Completely drunk"

Star's World Championship Criticism: "Has Lost its Charm"
3 MIN READ

Star's World Championship Criticism: "Has Lost its Charm"

McGregor faces civil lawsuit for assault
1 MIN READ

McGregor faces civil lawsuit for assault

Arsenal turned it around and won the derby against Tottenham
2 MIN READ

Arsenal turned it around and won the derby against Tottenham

AIK's success drag: "Wrong" goalkeeper in the derby
2 MIN READ

AIK's success drag: "Wrong" goalkeeper in the derby

Alexander Isak makes history: "I feel fantastic"
2 MIN READ

Alexander Isak makes history: "I feel fantastic"

Linn Svahn skips this weekend's World Cup competitions
1 MIN READ

Linn Svahn skips this weekend's World Cup competitions

Uefa penalizes Djurgården – short stand to be closed
1 MIN READ

Uefa penalizes Djurgården – short stand to be closed

Finndell back in Djurgården: "Fantastic"
1 MIN READ

Finndell back in Djurgården: "Fantastic"

Full Score Shooting Gave the "New" Norwegian the Victory
2 MIN READ

Full Score Shooting Gave the "New" Norwegian the Victory

Has tested positive for doping – misses the World Championship
1 MIN READ

Has tested positive for doping – misses the World Championship

Banned player participated in training – reported
1 MIN READ

Banned player participated in training – reported

Roller Skiing Competition Kicks Off Next Biathlon Season
1 MIN READ

Roller Skiing Competition Kicks Off Next Biathlon Season

They meet Sweden in the year's first home match
1 MIN READ

They meet Sweden in the year's first home match

Öberg's luxury problem: "Double focus"
2 MIN READ

Öberg's luxury problem: "Double focus"

Johaug on Doping: "Was a Lesson for Me"
1 MIN READ

Johaug on Doping: "Was a Lesson for Me"

Djokovic wrote Grand Slam history: "Happy"
1 MIN READ

Djokovic wrote Grand Slam history: "Happy"

Tiger Woods crashed heavily – in front of tennis icon
2 MIN READ

Tiger Woods crashed heavily – in front of tennis icon