Real Madrid closes largest TV deal in the history of world sport.

[Noname]

MADRID, Nov 20 (Reuters) - Real Madrid have agreed a €1.1 billion deal with Catalan production company Mediapro for the rights to televise their matches, the nine-times European champions said on Monday.

The club said that the agreement, which had been approved by the board, would run to the end of the 2012/13 season and was the biggest of its kind by a soccer club.

'With this deal, Real Madrid have guaranteed they will earn over €1,100 million for the granting of their audiovisual rights over the next seven seasons, including the present one,' Real said in a statement on their website.

'This agreement is a landmark in the history of this institution as it constitutes the most important audiovisual contract for any sports club in the world,' they said.

Real's television rights are currently owned by Sogecable , through Audiovisual Sport, who also hold the rights for most of the Primera Liga and second division clubs.

The present agreement, which runs until 2008, is reported to be worth around €55 million a year, but the new deal will see Real almost triple that figure and earn over €157 million each season.

Publicly-run regional television station Telemadrid also bid for the rights.

Mediapro, an affiliate of WPP group, signed a similar deal with Real's arch rivals Barcelona several months ago which was reported to be worth around €1,000 million.

The company then reached an agreement with Sogecable to exploit the rights on their pay-TV platform.



http://soccernet.espn.go.com/news/story?id=392995&cc=5739

[Noname]

The biggest sport with the biggest club.

[7even]

The disgusting part is that many teams can't do that because they don't own their games. Like Bayern. It's disgusting cause those Reals, Chelseas etc can spend 40 mil on trash players whereas good teams like Bayern and Bremen simply can't.

[Sparegeez]

That's fucking crazy. I didn't know soccer(deal with it euros) could make so much money.

[On The Edge of Insanity]

The disgusting part is that many teams can't do that because they don't own their games. Like Bayern. It's disgusting cause those Reals, Chelseas etc can spend 40 mil on trash players whereas good teams like Bayern and Bremen simply can't.

English clubs don't own their own rights either, it justs that Chelsea have a billionaire owner!

As far as I'm aware, its only the Italian and Spanish leagues where the teams are allowed to neogiatiate their own rights.

[K.Dub]

fuck Real madrid

[Boo-Yaa †]

fuck Real madrid

[Lil White Azz]

fuck Real madrid

[Mac 10 †]

fuck Rangers

[Noname]

fuck Ajax

[K.Dub]

fuck Rangers

fuck Ajax

lol
I actually like both teams.

[Lil White Azz]

fuck Rangers

fuck Ajax

lol
I actually like both teams.

Same here....Ajax because our hero Jari Litmanen played his best years in there, and there comes a lot of young talent.....I like both Celtic and Rangers, but nowadays I pay attention to Celtic way more, maybe because Rangers hasn't been so succesful in recent years...

[K.Dub]

fuck Rangers

fuck Ajax

lol
I actually like both teams.

Same here....Ajax because our hero Jari Litmanen played his best years in there, and there comes a lot of young talent.....I like both Celtic and Rangers, but nowadays I pay attention to Celtic way more, maybe because Rangers hasn't been so succesful in recent years...

Ajax was the home of the Great Dennis Bergkamp, plus they got alotta good talent. Rangers has always been my fav. in Scotland

[Mac 10 †]

Rangers has always been my fav. in Scotland

Noted. 

[gav09]

Rangers has always been my fav. in Scotland

Noted. 

LOL! Mac 10's not happy now!    (Think hes a celtic fan!)