Spanish LaLiga said in a statement Monday that it reached an agreement to sell its local broadcasting rights for five years to Movistar and DAZN for 4.95 billion euros (about US $ 5.59 billion).
The deal is a record for the premier soccer league, as his last contract, signed with Telefónica In 2018, it was a three-year agreement for 2.94 billion euros.
The clubs had approved on Friday an investment of 1,994 million euros from the private equity fund CVC Capital Partners in the first such deal in Europe, although four clubs, including FC Barcelona and Real Madrid, chose not to participate.
The operation “LaLiga Boost”Grants CVC an 8.2% stake in a new company that will earn income from LaLiga’s broadcasting and sponsorship rights.
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