Chinese-owned Mediapro grab French football TV rights in mega 1bn euro offer
Paris, May 30 (DIN NEWS) Chinese-owned Mediapro crashed French football’s television rights party in style, snapping up the right to broadcast Ligue 1 matches domestically for the period 2020 to 2024 for 1.153 billion euros ( 1.33 billion) annually, the French league (LFP) announced. “It was a successful bidding process, with a significant increase of our TV rights,” said LFP president Nathalie Boy de la Tour, with the existing deal for 2016 to 2020 valued at 726.5 million euros. Based in Spain but owned by the Chinese private equity fund Orient…
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