MFE Retains Domestic TV Rights Of Italian Soccer Cup – News18

MILAN:Italy’s high soccer league Serie A stated on Monday it had awarded industrial broadcaster MFE-MediaForEurope the home TV rights for the following three seasons of the Italian Cup competitors.

The deal additionally consists of the precise to display the Italian Super Cup which has been revamped earlier this yr as a 4-crew competitors moderately than being a match between the winners of Serie A and the Italian Cup.

The league didn’t disclose monetary particulars of the deal however two sources near the matter advised Reuters MFE’s provide was value about 56 million euros ($59.48 million) per season, together with some 4 million euros of variable elements.

That brings the entire worth of the deal, which covers the three seasons till 2026-27, to round 168 million euros.

The sources added that 18 out of 20 Serie A golf equipment voted in favour of MFE’s provide at a teleconferenced assembly on Monday.

MFE-MediaForEurope declined to remark.

The firm, which is managed by the household of late media tycoon Silvio Berlusconi, is the present holder of the Italian Cup and Super Cup home TV rights, underneath a 3-yr contract expiring in June and value some 145 million euros.

Last week, Serie A awarded DAZN and Sky Italia the rights to display stay Italy’s high flight soccer league matches in Italy for the following 5 seasons in a 4.5 billion euro deal.

($1 = 0.9415 euros)

(This story has not been edited by News18 employees and is revealed from a syndicated information company feed – Reuters)