Read more from Author Melissa Galbraith here: https://globelivemedia.com/author/melissa-galbraith/
The French football league has launched a procedure to search for companies that are interested in buying television rights that Mediapro had won and that the Spanish company agreed to abandon after a three-month dispute.
It is, according to the terms used by the Professional Football League (LFP) in a statement published late on Tuesday, of “two market inquiries” for the first and second division matches, respectively.
It is about giving up “the rights initially attributed to Mediapro” for the remainder of this season, as of February 5, and for the next three (2021-22, 2022-23 and 2023-24). Just two days ago, Mediapro proposed to provisionally continue with the broadcast of French football to avoid the television “blackout” from February.
The Spanish company had obtained in a tender a package with 80% of the matches of the first and second division for 814 million euros per year, a much higher price than the clubs had received so far.