The sale of the IMG agency has been delayed as negotiations continue over the fees for the banks handling the process, according to the New York Post.
Evercore and Morgan Stanley were appointed in May, but the newspaper said the process “appears stuck at the starting gate”.
“They’re still negotiating fees with Evercore and Morgan Stanley,” a source close to the proceedings said.
IMG distributes rights for numerous sports properties through its IMG Media division, and its owner, private equity firm Forstmann Little, is planning to sell the agency in an auction.
The Post said potential bidders could include rival talent agencies WME and CAA, as well as Indian conglomerate Reliance Industries and American global private equity investment firm Providence Equity.