IMG deal doubles Serie A’s income from international rights

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By: AP | Milan |
Published:October 12, 2017 2:43 am


Serie A, Juventus, Serie A TV rights, Serie A broadcasting rights, football news, Indian Express Juventus are at present the six-time defending champions. (Resource: Reuters)

Italy’s football league has produced a swap and assigned its intercontinental Tv set legal rights predominantly to IMG for 371 million euros ($437 million) for every period, virtually double the price of the preceding offer.

The agreement addresses the following three Serie A seasons via 2020-21.

The preceding offer was for 190 million euros ($224 million) for every period with MP and Silva.

The new figure places Serie A third in Europe for intercontinental legal rights immediately after the English Leading League (1.3 billion euros $1.5 billion) and the Spanish league (636 million euros $750 million), and in advance of the German Bundesliga (240 million euros $282 million).

IMG will pay out 352 million euros ($415 million) for world legal rights and a betting package deal, Rai Intercontinental will supply 4 million euros (virtually $5 million) for Italian language legal rights abroad, and the remaining resources will be covered by signal vendors and league promotions.

“The consciousness of the Italian league’s opportunity is growing,” claimed Luigi De Siervo, the CEO of Serie A advisor Infront. “The clubs have chosen a companion that confident anyone, not just for the economic conditions but earlier mentioned all for the enhancement system.”

Although the 18 clubs current for the vote Tuesday picked IMG unanimously, Aurelio De Laurentiis left the space angrily beforehand, with the president of Serie A chief Napoli contacting the provides “mortifying.”

Serie A continue to can make most of its revenue from domestic Tv set legal rights deals with Sky and Mediaset.

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