Anti-Corruption Network

Anti-Corruption Network

Serie A delays media rights decision as bids fall short

time:2023-12-02 04:53:19Classification:reading

Bids for domestic rights for Italian Serie A soccer remain below the 1 billion euro annual price tag sought by clubs for the five years from 2024-2025 and a decision on a deal has been delayed until October, the head of the league said.

Serie A delays media rights decision as bids fall short

Domestic broadcasting licences are a key source of revenue for Serie A clubs such as this year’s champions Napoli, Juventus and Milanese clubs AC Milan and Inter.

Serie A delays media rights decision as bids fall short

The Italian league had kicked off a round of talks with DAZN, Sky Italia and MediaForEurope after a first set of bids submitted by the broadcasters for the live rights to matches was dismissed as too low.

Serie A delays media rights decision as bids fall short

“Despite some improvements…we have still work to do. Our goal remains to collect 1 billion euros per season,” Serie A Chief Executive Luigi De Siervo told reporters at an event in Milan late on Wednesday.

Earlier in the day, the league said offers received from broadcasters would remain in place until Oct. 15 as clubs and the league sought to maximise the value of their media rights.

Also Read
Saudi Pro League: Henderson to Al Ettifaq
‘Can’t understand why coming here would damage Henderson’s legacy and Mes...
saudi Pro League
Watch: Cristiano Ronaldo looks bemused after being snubbed for player of ...
jose mourinho
Jose Mourinho substitutes Roma player, forces his own team to play with 1...
Neymar move to Saudi Pro League
Neymar set for Saudi move after Al Hilal agree near-USD100M transfer fee ... Top Sports News Now
  • ‘The name of the game is intimidation’: Hungry Gukesh takes on resurgent Magnus Carlsen
  • Vidit wins 4-2 against Nepomniachtchi to complete Indian quartet in FIDE WC quarters
  • Neymar joins exodus from Europe for ‘greener’ pastures in Saudi Arabia
Click here for more

Under a three-year deal expiring next June, Serie A is collecting some 930 million euros