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Investing.com -- Telefónica has been provisionally awarded exclusive broadcasting rights for five matches per matchday of Spain’s top-flight football competition LaLiga for pay television in the residential market.
The Spanish telecommunications company will have the first pick in 19 matchdays of each season, including "El Clásico" of the second round, according to Friday’s announcement.
The deal, valued at €2.64 billion ($3.17 billion), covers five seasons from 2027/2028 through 2031/2032, with an average price of €527.17 million per season.
LaLiga has split the domestic broadcast rights between Telefónica and DAZN Group Ltd, with each company securing rights to five matches per matchday in an overall agreement estimated to be worth over €1 billion ($1.2 billion) per season. This represents approximately a 6% increase compared to the previous rights award.
Telefónica plans to ensure that Movistar Plus+ customers maintain access to 100% of LaLiga matches, allowing them to enjoy the complete football offering, which also includes European competitions recently awarded to Telefónica until 2031.
The provisional award is subject to the execution of a final agreement between Telefónica and LaLiga within 30 working days, which will include the remaining terms and requirements established in LaLiga’s tender.
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