Trending Topics

      Next match: Man Utd v LFC [Premier League] Sun 24th Oct @ 4:30 pm
      Old Trafford

      Today is the 22nd of October and on this date LFC's match record is P30 W13 D8 L9

      Premier League ends Chinese TV deal over non-payment

      Read 396 times
      0 Members and 1 Guest are viewing this topic.
      JD
      • LFC Reds Subscriber
      • ******
      • Started Topic
      • 37,497 posts | 5647 
      Premier League ends Chinese TV deal over non-payment
      Sep 03, 2020 02:00:18 pm
      Chinese TV didn't pay their £160M to the Premier League for last season...

      The Premier League has terminated its £564m contract with its Chinese licensee with immediate effect.

      China was the English top flight's most lucrative overseas television rights territory, with a three-season deal agreed in 2019.

      It is understood the reasons for the termination are financial rather than political.

      BBC Sport has been told streaming service PPTV withheld its latest payment of £160m, due in March.

      In a statement on Thursday, the Premier League said: "The Premier League confirms that it has today terminated its agreements for Premier League coverage in China with its licensee in that territory.

      "The Premier League will not be commenting further on the matter at this stage."

      PPTV is owned by Suning Holdings, the Chinese group which also has a controlling stake in Serie A side Inter Milan.

      https://www.bbc.co.uk/sport/football/54014827

      A relatively minor hit in the pockets per Premier League club.

      Quick Reply