French broadcaster making ready bid in case on-going negotiations between Mediapro and the French soccer league fail.
Canal Plus is reportedly planning to bid for the rights to France’s Ligue 1 if negotiations between present holder Mediapro and the French soccer league (LFP) fail.
Based on L’Equipe, Canal Plus is making ready to supply €700 million for the rights. Mediapro paid €780 million to initially safe the rights.
Mediapro did not make its cost of €172 million to the LFP in October, and the 2 organisations have been locked in talks ever since. Mediapro have been in a mediation course of within the Nanterre Business Court docket to attempt to attain settlement on each the October cost and its subsequent cost scheduled for fifth December. Based on the newspaper, the negotiations ought to conclude by seventh December.
Mediapro’s is proposing a 25 per cent discount of its rights deal, as effectively extending the contract for 2 extra seasons.
Canal plus already owns the rights to 2 matches per spherical, and would decide up an extra eight video games per spherical if it efficiently good points Mediapro’s present share. Each broadcasters have offers that run till the 2023-24 season.