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DAZN embarks on spending spree in Brazil, but Latin America launch halted

BUENOS AIRES, ARGENTINA - JULY 18: Christian Almeida of Defensa y Justicia celebrates with teammates after scoring the first goal of his team during a second stage match between Defensa y Justicia and El Nacional as part of Copa CONMEBOL Sudamericana 2018 at Norberto Tomaghello Stadium on July 18, 2018 in Buenos Aires, Argentina. (Photo by Amilcar Orfali/Getty Images)

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The documents show that multi-platform broadcaster DAZN was due cash and rights fee relief from IMG in return for its 50-per-cent stake in the special purpose joint venture.