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La Liga agreed last week to a deal in which CVC
would invest 2.7 billion euros ($3.18 billion) for 10% revenue
and a 10% stake in a newly formed company housing a range of the
league's commercial activities.
A proprietary streaming platform is one of the key plans under
consideration to drive up earnings for the league, El
Confidencial reported, citing unidentified sources.
Neither La Liga nor CVC returned a request for comment.
If it goes ahead, such a platform would come as a blow to
current rightholder Telefonica who pays La Liga 1 billion euros
per season for the right to stream football matches to customers
who pay a premium for sports packages.
Telefonica's contract expires in 2023. France's Orange has a
sublicensing agreement, under which it pays Telefonica for the
rights to broadcast fixtures from the 2021/2022 season.
While customers of Telefonica's Movistar subsidiary pay up to
130 euros a month for live football in a package that also
includes telephone, cable TV and internet services, La Liga and
CVC believe they can offer a simple package of just football
streaming for around 13 euros, El Confidencial said, citing
unidentified sources.
Telefonica and Orange declined to comment.
($1 = 0.8503 euros)
(Reporting by Nathan Allen and Inti Landauro; Editing by Anil
D'Silva)
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