Netflix Eyes £4.3 Billion Champions League Broadcast Rights
Streaming Services in the Mix
Reports indicate that Netflix is strategizing a staggering £4.3 billion offer to obtain the broadcast rights for the Champions League. A source from the Mirror suggests that major streaming platforms such as Netflix, Disney, and Amazon may secure the exclusive global rights to air one Champions League match per round starting in 2027.
Forecasted Financial Gains for UEFA and Clubs
According to projections, UEFA and participating European clubs stand to gain around £4.3 billion annually through the soon-to-be-negotiated television rights agreement. This lucrative deal will offer broadcasters the “global first pick” option during the upcoming bidding for UEFA’s club competition rights that span from 2027 to 2033.
Potential Impacts on Viewers and Broadcasters
The introduction of a global pick system could lead to increased subscription costs for fans, as it might result in the fragmentation of UK broadcast rights among additional networks. Currently, TNT Sports and Amazon hold the rights, and the upcoming bidding process could expand the field of broadcasters further.
