Ligue 1 Sign New Broadcast Deal with beIN Sports
By Community | June 2, 2014
Ligue de Football Professionnel (LFP), herbal the French governing body that runs the major professional football leagues in France, cure has revealed an extended partnership with beIN Sports who will continue to broadcast Ligue 1 football until 2024.
The broadcaster, owned by Qatari Sports Investments, has secured the global rights to the competition who are reported in paying 80 million euros annually to showcase the league between 2018-2024. They are currently paying 32 million euros annually for the rights.
“In the current economic climate in France, I have a goal to provide safety and visibility clubs financially,” said LFP president Frédéric Thiriez. “This is why I have anticipated the tender for the allocation of domestic rights.”
“In the process, I wanted to do the same operation on international human rights because the French football progressing incredible way on the international stage. I negotiated a new contract represents € 480 million over 6 years for the period 2018-2024, an increase of 150%. This is very satisfying. This corresponds to the new value of the L1 thanks to PSG and Monaco.”