Reuters logo
BT retains UEFA Champions League rights in 1.2 bln stg deal
March 6, 2017 / 7:17 AM / 9 months ago

BT retains UEFA Champions League rights in 1.2 bln stg deal

LONDON, March 6 (Reuters) - Britain’s BT has won the rights to broadcast the UEFA Champions League and Europa League for another three years in a 1.18 billion pound ($1.45 billion) deal that locks out arch-rival Sky from the competition.

Britain’s biggest broadband and mobile operator said it was in a strong position to monetise its investment of around 394 million pounds a season through subscription, wholesale, commercial, and advertising revenues.

The three year deal runs from the 2018/19 season.

BT first won the rights to show the Champions League in 2013, beating Sky with a deal worth 299 million pounds a year and signalling its intention to become a serious player in the sports broadcasting market. ($1 = 0.8141 pounds) (Reporting by Paul Sandle; editing by Kate Holton)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below