Key Points
(Bloomberg) -- Frances elite professional football league backed a broadcast deal with Len Blavatniks streaming group Dazn Group Ltd. and the Qatari sports broadcaster beIN to screen live matches this season, according to a person familiar with the matter...
The board of the Ligue de Football Professionnel, the governing body for professional football in France, voted in favor of the Dazn-beIN deal on Sunday, said the person, who asked not to be identified because the information wasnt public yet...
The French league originally set an ambitious target of around 1 billion ($1.1 billion) for its domestic and global broadcast rights but has struggled to obtain that figure from conventional broadcast deals, with the main player in the market, Canal , declining to bid...
French radio RMC reported on Sunday that the deal with Dazn and beIN is for a period stretching until 2029 and should bring in about 500 million a year in revenue...
Last week Bloomberg News reported that CVC Capital Partners, a minority shareholder in the French league, was helping to organize a short-term lending facility for teams in particular difficulty...
