• Home
  • Topics
  • Serie A’s Broadcasting Deals: New Opportunities And Old Challenges In Italian Football

Serie A’s Broadcasting Deals: New Opportunities And Old Challenges In Italian Football

Serie A’s Broadcasting Deals: New Opportunities And Old Challenges In Italian Football
Tuesday, 27 April 2021 By Anthony Indaimo , Paolo Macchi

In Europe, the Italian Serie A football league ('Serie A' or 'League') is in the middle of a potential unprecedented change in structure. It is evaluating new opportunities offered by international private equity investors while facing cyclical challenges resulting from complex tender processes for the marketing of the League's lucrative media and broadcasting rights.

In late 2020, after months of heated discussion, the 20 clubs that form the Italian football top flight partially opened the door in favour of allowing a group of private equity investors to acquire a 10% stake in a media company to be created within Serie A for the purpose of marketing the League's lucrative broadcasting rights.[1]

The consortium of investors, led by CVC Capital, includes American global private equity firm Advent International and the Italian sovereign wealth fund, Fondo Strategico Italiano. The deal is proposed to be worth €1.7 billion and, if actually finalized, will run up to 2026.[2] The discussion as to whether or not to accept the consortium's offer is officially still ongoing, although meeting strong resistance by several clubs within the League who would prefer the deal to fall through.

This piece discusses:

  • Broad overview of Serie A’s collective sale of media rights; and
  • Applicable law to the collective sale of media rights

Continue reading this article...

Register with your email and password
Already a member? Sign in

Get access to all of the expert analysis and commentary at LawInSport including articles, webinars, conference videos and podcast transcripts.  Find out more here.

Related Articles

About the Author

Anthony Indaimo

Anthony Indaimo

Anthony is a partner in the corporate team at Withers LLP.

He focuses on cross-border corporate, commercial and corporate finance transactions involving the acquisition and disposal of businesses and shares for both private and public companies, joint ventures and capital raising with a particular emphasis on the sports, technology and brands sectors, especially those involving the US, UK, Italy and Asia Pacific.

  • This email address is being protected from spambots. You need JavaScript enabled to view it.
Paolo Macchi

Paolo Macchi

Paolo is a senior associate in the corporate team at Withers LLP (Milan)

Comments (1)

  • John Wick

    • 03 June 2021 at 08:15
    • #

    Thanks for the post it was helpful, regards from Free fire Advanced Server


Leave a comment

Please login to leave a comment.


Legal Advisors

Upcoming Events

There are no up-coming events

Copyright © LawInSport Limited 2010 - 2021. These pages contain general information only. Nothing in these pages constitutes legal advice. You should consult a suitably qualified lawyer on any specific legal problem or matter. The information provided here was accurate as of the day it was posted; however, the law may have changed since that date. This information is not intended to be, and should not be used as, a substitute for taking legal advice in any specific situation. LawInSport is not responsible for any actions taken or not taken on the basis of this information. Please refer to the full terms and conditions on our website.