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Telefonica re-purchases LaLiga domestic broadcast rights in substantial deal
LaLiga confirmed that Telefonica take domestic LaLiga rights commitment back to the end of 2026-27. Telefonica will pay €1.29 billion ($2.12 billion AUD) for the next three and a half seasons and will continue to share domestic rights with streaming giant DAZN.
Telefonica will cover five of the 10 LaLiga games per week, across the latter half of 2024-25 and each of the next two campaigns in full. It will also cover three full game weeks in each of 2025-26 and 2026-27.
In 2021, the broadcaster was awarded five seasons of coverage from 2022/23 to 2026/27. However, at the end of last year La Liga put half of its package up for auction. This happened after an the CNMC, the Spanish competition regulator, urged La Liga to cut the contract by this season’s end.
This has obviously reversed with the telecommunications company successfully re-purchasing the rights after going through a lengthy process which adds the league to its existing UEFA competitions exclusive deal in Spain.
Telefónica stated in a media release:
“With this (deal), Telefónica consolidates its football offer, so that customers of Movistar Plus+ will continue to enjoy 100 per cent of the League matches as well as UEFA Competitions until 2027.”
“The re-purchasing of rights is vital for Telefonica’s vision of being a long-term broadcaster of this league.”
LaLiga have shown that a move to a full paid-TV broadcast setup can be successful in domestic football. This has allowed the league to collect more revenue through his deals for the clubs in the league and still maintain strong viewership numbers. In 202/23, La Liga reported an average of 340,000 average viewers per broadcasted match which places them 3rd amongst domestic leagues in Europe.
LaLiga have successfully chosen Movistar+ and DAZN to broadcast league matches with both streaming platforms being extremely popular and offering more to a consumer. With the A-Leagues huge Paramount+ failure, it is certainly time to start thinking of selling the rights to a more popular streaming service that will get more eyeballs on the product.
The Friedkin Group has reached an agreement to buy Farhad Moshiri’s majority 94% stake in Everton. The deal is subject to regulatory approval from the Premier League, the Football Association and the Financial Conduct Authority.
It is believed to be worth in excess of $770 million, leaving Moshiri with little return on his substantial investment.
The US-based group is led by chairman Dan Friedkin, who also owns Roma. He has a net worth of $11bn AUD according to Forbes thanks to The Friedkin Group, which was founded by his father, Thomas H. Friedkin.
Everton would become the 10th club in the Premier League under majority American ownership, joining the likes of Chelsea and Liverpool.
The deal would bring to a conclusion the damaging Moshiri reign. The British-Iranian businessman has invested more than $1445 million in the club since 2016, but many supporters have been deeply unhappy about his ownership because of its failure to hit successful transfers and its enormous debt which lead to points deductions in 2023/24.
Last season they were deducted points twice, amounting to a total of eight after an appeals process, for breaching Premier League financial rules on the level of losses clubs are allowed to make.
Everton, who have not played outside the top flight during the Premier League era, had been toying with relegation under Frank Lampard and current manager Sean Dyche, finishing in the bottom half. They started the season on only one win after six and it suggests they will spend a fourth season near the drop zone.
The Friedkin Group had agreed a deal in principle to purchase current owner Moshiri’s 94% stake in June but talks were called off a month later after the two parties failed to finalise an agreement.
That followed Miami-based 777 Partners being unable to a complete a deal earlier this year which Everton is probably fortunate to hear considering the toxicity around how they have run Standard Liege and Hertha BSC into a tough position.
In June, it was said that Friedkin hinted that he wanted Roma and Everton to sit at the top of a multi-club model, something that The Friedkin Group has yet to experiment.
Everton’s appeal to the Friedkin Group was said to be based on the club’s history, fanbase and the new stadium being built on Bramley-Moore Dock which will be used from the start of the 2025/26 season onwards.
The group in a statement said they remain fully committed to Roma and has no concerns regarding the two clubs co-existing under UEFA rules.
The Friedkin Group assumed control of Italian side Roma in 2020 and guided the club to Europa Conference League success under Jose Mourinho in 2022.
However, this success was short lived, sacking Mourinho only 10 months later before Daniele De Rossi’s short reign has the club in an awkward position in the Serie A.
After some shaky managerial appointments and sackings for AS Roma, Sean Dyche’s future also looks to be in a perilous position if he fails to turn the results around before the new year.
The Friedkin Group released a statement regarding the takeover agreement and their plans to stabilise the club.
“We are pleased to have reached an agreement to become custodians of this iconic football club. We are focused on securing the necessary approvals to complete the transaction,” a spokesperson for the Friedkin Group said in a statement last week.
“We look forward to providing stability to the club and sharing our vision for its future, including the completion of the new Everton Stadium at Bramley-Moore Dock.”
Overall, this is fantastic news for Everton and its fanbase who were long overdue some clarity around the dark situation of their ownership.
The Friedkin Group are willing to overlook the huge stadium debt and inconsistent league results in an attempt to bring one of England’s oldest clubs back to its former glory which saw them win 9 Division One titles and 3 FA Cups.
The group will lead Everton through its new era, right before they permanently leave Goodison Park and enter the 53,000 capacity Bramley-Moore Dock which should increase the club’s revenue and bring a fresh feel to the club.
Melbourne Victory Football Club has confirmed a new collaboration with Ferraro Dairy. Under the terms of the agreement, Ferraro Dairy’s brand will be prominently displayed on the back of the shorts for both the A-League Men’s team and Academy teams for the next two seasons.
Ferraro Dairy is an Australian family-owned dairy for 50 years, based in Tullamarine. They pride themselves on high-standard dairy products from Australian produce.
The two-season partnership represents a strategic move for both organisations, combining the prestige of one of Australia’s premier football clubs with a respected name in the dairy industry. By extending the branding to both senior and academy levels, the partnership shows a comprehensive approach to team sponsorship.
Melbourne Victory Managing Director, Caroline Carnegie expressed her enthusiasm about the collaboration, highlighting the alignment between the two organisations.
“We’re incredibly pleased to have Ferraro Dairy on our Men’s kit for the next two seasons and excited to have them along for our journey,” she said via press release.
“Ferraro Dairy is a proud local business that strives for a common goal in driving high standards and delivering a premium product for its loyal clientele.
“We’re thrilled to kick off our partnership with Ferraro Dairy as we head into our 20th season as a Club.”
Ferraro Dairy General Manager, Brad Ferraro echoed the sentiment of excitement about the new partnership.
“It’s an honour to partner with a Club like Melbourne Victory in its historic 20th season and we’re proud to be featured on its iconic kit, we’re excited to be part of their journey and share in the success both on and off the field over the next two years,” Ferraro said via press release.
As Melbourne Victory continues to strengthen its commercial portfolio its partnership with an Australian-based family business, with Ferraro Dairy further solidifies its position as a supporter of local businesses.
This commitment suggests a strong foundation for what both parties hope will be a mutually beneficial relationship.
