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Sportklub pays up for IMG package with Premier League in mind

MADRID, SPAIN - NOVEMBER 29: The official ball of the 2018/2019 Turkish Airlines Euroleague Regular Season Round 10 game between Real Madrid and CSKA Moscow at Wizink Arena on November 29, 2018 in Madrid, Spain. (Photo by Sonia Canada/Getty Images)

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UK commercial broadcaster Channel 4’s recent Formula One sublicensing renewal with pay-television broadcaster Sky extends their relationship for another three years, until the end of 2022, with the deal value unchanged, SportBusiness Media understands.

The Football Association of Thailand and its media-rights sales adviser, the Octagon agency, expect a competitive market to deliver a revenue increase of over a third in their forthcoming tender for domestic and international rights to club and home-fixture national team events for the 2021-28 cycle.

The European Handball Federation unified both its club and national team competitions in the Balkans into one new deal with Arena Sports, leading to a sharp rise in the value of its rights in the region.

Filipino pay-television broadcaster Solar Entertainment Corporation withdrew from talks to renew its long-held rights to the National Basketball Association last week after deciding the property had become too expensive, SportBusiness Media understands.