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French, Spanish and Italian telcos won’t bankroll further football rights inflation - Venture Insights

Report Overview

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French, Spanish and Italian telcos won’t bankroll further football rights inflation

PublisherEnders Analysis.
Publish Date May 31, 2018
Sector Media, Telecom.
Company BT, Canal Plus, SFR, SKY, Sky Italia, Telcom Italia, Telefonica, Vivendi.

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The rights auction for France’s Ligue 1 will be held on 29 May. With Altice’s struggling subsidiary SFR unlikely to bid, Canal+ and BeIN Sports may not offer enough to meet reserve prices, triggering a postponement of the auction

In Spain, stiff fixed-line competition is shifting battlegrounds from football to scripted content. The Champions League has yet to sign up a platform for next season, while the upcoming 2019-22 La Liga rights auction may well fail to increase domestic revenues

With just 12 weeks before next season kicks off, Italy’s Serie A is also yet to secure a broadcaster, although we expect the league to back down and settle with Sky. In this deflationary environment, top clubs are eyeing a new Club Word Cup as an extra revenue stream – running the risk of further widening the financial chasm between themselves and smaller clubs