FC Barcelona, a soccer club, announced on its website it had sold its TV rights to Telefonica on February 18th, thus terminating its contract with Mediapro. “The financial offers of Telefonica and Mediapro were identical. Our decision was strategic: Telefonica is a company that wants to expand globally, taking a bet on innovation” announced vice-chairman Faus. The agreement covers “the media rights for the 2015-16 season, estimated at €140 million by the Spanish press, and a three-year partnership on Latin American markets”, with two years’ option. FC Barcelona has not confirmed the amount, but it has said it received €13.3 million per season. One of the clauses of the agreement provides a friendly match in South America during the first three years.
Sources: .fcbarcelona.com, cbnews.fr