Soccer-Italy plans to scrap no single buyer rule in Serie A TV rights sale
MILAN, - Italy plans to remove a ban on Italy's Serie A top flight soccer league selling its domestic broadcast rights to a single buyer, a draft government bill seen by Reuters showed, marking a major overhaul of media rules for live sports events.
Italy introduced the "no single buyer rule" to avoid creating a dominant player in the pay-TV sector in 2008, when it approved a law entrusting sport leagues to collectively sell the rights to screen live matches.
Broadcasting rights are the main revenue source for Serie A clubs but they lag behind those of other major European national leagues.
Under existing contracts expiring in the 2028-29 season, Serie A earns some 900 million euros annually from sport streaming service DAZN and pay-TV firm Sky, with the former screening all of the games and Sky co-broadcasting some of them.
That sum is roughly half of the annual domestic broadcasting revenue of England's Premier League, which has a 'no single buyer rule' in place.
Germany's Bundesliga, which last year removed its 'no single buyer rule', pockets some 1.1 billion euros annually from domestic broadcasting licences, according to data compiled by UEFA.
The Italian government also plans to introduce changes in the way Serie A distributes the TV revenue among clubs, raising to "above 50%" from the current 50% the sum which must be equally split among all clubs, the draft bill showed.
Clubs which develop and field young Italian players will be also granted additional revenue.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Fibre2Fashion
8 minutes ago
- Fibre2Fashion
UK's Farfetch launches luxury offering on Coupang's R.LUX platform
FARFETCH, the leading global marketplace for luxury, announced the launch of its extensive selection of luxury on the app, Coupang's luxury vertical service in South Korea. Brand and boutique partners will gain immediate access to millions of already-engaged customers. This integration empowers Farfetch partners, the world's top brands and boutiques, to tap deeper into the South Korean luxury market, a significant and promising market consistently ranked among the top 10 globally. Stephen Eggleston, Chief Commercial Officer at FARFETCH , stated: 'We are thrilled to offer our partners – both brands and boutiques – a tremendous opportunity. This unique gateway will significantly expand their access to the high-spending South Korean luxury market. Together, we will continue to offer the widest selection of products, including unique items customers can't find anywhere else.' Farfetch has launched on Coupang's app, expanding its reach in South Korea's top 10 global luxury market. The move gives partner brands and boutiques immediate access to millions of local consumers. Categories include womenswear, menswear, shoes, bags, watches, and fine jewellery from global labels like Dolce&Gabbana and Ferragamo, plus emerging designers. At launch, an extensive selection of categories will be available, including womenswear, menswear, shoes, bags and watches and fine jewellery, from the world's top brands such as DOLCE&GABBANA and FERRAGAMO and also emergent designers, offering endless expressions of style to millions of new customers. A representative of MISSONI, the Italian luxury fashion house, said: 'We are excited about the continued evolution of our partnership with FARFETCH, and this is another step forward. We view this latest development as an incredible opportunity to make our products immediately available to millions of avid and already engaged customers.' FARFETCH will leverage the robust local operational network to deliver a 'wow experience' to customers, including free shipping and a faster delivery service. Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged. Fibre2Fashion News Desk (RM)
The Hindu
33 minutes ago
- The Hindu
Indian men's hockey team suffers third consecutive defeat in Pro League, loses 3-4 against Argentina
Sloppy defending cost the Indian men's hockey team dearly as it went down 3-4 to Argentina, slumping to its third consecutive defeat in the European leg of the FIH Pro League here on Wednesday. India had earlier lost 1-2 and 2-3 against Olympic champions Netherlands here. On Wednesday, the Indian defence were caught off guard by the Los Leones as they scored through skipper Matias Rey (3rd minute), Lucas Martinez (17th), Santiago Tarazona (34th) and Lucio Mendez (46th) to secure the win. India's goals were scored by skipper Harmanpreet Singh (12th, 33rd) and Abhishek (42nd). After back-to-back defeats against Netherlands, the Indians started positively and had the better share of possession in the first quarter. But it was Argentina who took the lead in the third minute through captain Matias Rey, courtesy an unforced error from Indian defender Amit Rohidas. Trailing, India, however, pressed hard and dominated the remaining of the quarter and finally restored parity in the 12th minute when skipper Harmanpreet converted a penalty -- the team's first penalty corner -- as both the teams were locked 1-1 at the end of the first quarter. Argentina, however, were the better side on display in the second quarter and took the lead again two minutes into the quarter when Martinez scored from top of the circle, courtesy again a defensive error from Rohidas. While the Indians used the ariel ball to perfection, unforced errors and sloppy defending proved to be their undoing. Three minutes after the change of ends, India equalised through a penalty stroke conversion by Harmanpreet, his second goal of the day. But India's joy was shortlived as 60 seconds later another defensive lapse cost the Harmanpreet-led side dearly when Tarazona pounced upon a mistake to hand his side the lead again. Argentina secured their first penalty corner soon but India defended stoutly. India pressed hard and secured their second penalty corner in the 39th minute but failed to utilise the chance. In the 42nd minute, Abhishek equalised for India, scoring from a rebound after Jarmanpreet Singh's initial shot from top of the circle was saved by Argentina goalkeeper Tomas Satiago. But it was heartbreak for India 18 seconds into the final quarter when Mendez scored to hand his side the decisive lead, courtesy another defensive lapse from the Indian backline. India had another chance to equalise when they were awarded a penalty corner in the 55th minute but wasted the opportunity. With three-and-a-half-minutes remaining and trailing by a goal, India withdrew their goalkeeper for an extra field player but that move didn't yield any result. India will again play Argentina in a return leg match here on Thursday.
Time of India
an hour ago
- Time of India
Does India trust Donald Trump? EAM Jaishankar says national interest is the pivot, not personalities
External affairs minister S Jaishankar NEW DELHI: Amid apparent differences with the Trump administration over critical issues like Pakistan's support to cross border terrorism, external affairs minister S Jaishankar said that India's aim is to advance the relationship with the US as it serves India's interests. During his ongoing visit to Europe, the minister also warned the Europeans that terrorism will come back to haunt them if they ignore it. "I take the world as I find it. Our aim is to advance every relationship that serves our interests - and the US relationship is of immense importance to us. It's not about personality X or president Y," said Jaishankar, responding to a question about whether India trusts Trump. Asked about the Pahalgam terror attack and the subsequent military conflict, Jaishankar recalled the presence of Osama bin Laden in Pakistan. "Why did he, of all people, feel safe living for years in a Pakistani military town, right next to their equivalent of West Point," he asked. "I want the world to understand - this isn't merely an India-Pakistan issue. It's about terrorism. And that very same terrorism will eventually come back to haunt you," said the minister in an interview to Euractiv in Brussels. He also hit out at Europe for questioning India's ties with Russia, saying every country considers its own experience, history and interests. "India has the longest-standing grievance - our borders were violated just months after independence, when Pakistan sent in invaders to Kashmir. And the countries that were most supportive of that? Western countries," he said. 'If those same countries - who were evasive or reticent then - now say 'let's have a great conversation about international principles', I think I'm justified in asking them to reflect on their own past," added Jaishankar. Asked about India's ties with China, the minister recalled his meetings with several European companies in India that have chosen to set up there specifically to de-risk their supply chains. "Many companies are becoming increasingly careful about where they locate their data - they'd rather place it somewhere secure and trustworthy than simply go for efficiency. Would you really want that in the hands of actors you don't feel comfortable with," he said.
