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UEFA and Telefónica agree €975m deal for Champions League rights

Europe’s footballing elite will continue to be showcased on Movistar+ in Spain until 2024, as UEFA confirm the €975 million deal with Telefónica.

The telecommunications firm, who are based in Spain’s capital Madrid, Telefónica have secured an exclusive broadcasting deal to show UEFA Champions League and Europa League games in Spain until the 2023-24 season. Reported to worth €360 million (US$391 million) per season, the deal continues broadcasting of Europe’s finest footballing talent to be on Movistar+ media platforms for another three years.

Currently, Telefónica sublicenses their contract from Mediapro. However, according to the new agreement, the telecommunications firm will be able to directly broadcast UEFA’s club cup competitions, in addition to the rights to broadcast the UEFA Youth League and the new UEFA Europa Conference League.

Executive president of Telefónica España, Emilio Gayo, has said, “This agreement with Uefa is an important step in Movistar’s strategy linked to the world of sport. Our Movistar+ platform continues to work after three decades to continue making football accessible in our country.

“A specialised team, the quality of everything surrounding the competition and differential production values are our hallmark. With Movistar, our client will always have the best sport and the latest technology to guarantee an added value experience, beyond the broadcasts.”

Marketing Director for UEFA, Guy-Laurent Epstein, says, “This partnership ensures the competitions will continue to receive comprehensive exposure, through delivery of innovative coverage to football fans in Spain.”

The confirmation of this deal between UEFA and Telefónica comes after Telefónica agreed a €300 million (US$336.6 million) sublicensing agreement, allowing rival Orange to continue to broadcast La Liga and Champions League games for the 2020-21 season.

Author: James Parker