Bolivian state-owned telecommunications company Entel is set to renew a domestic rights deal for the Liga del Fútbol Profesional Boliviano, the Bolivian football league.
The five-year deal, from 2013 to 2017, would be worth $3.5 million (€2.76 million) per year.
The deal has been negotiated by league president Mauricio Roca Mendez, who will now seek approval from the league’s clubs to ratify the agreement.
“Entel has been an important partner for us and is a company that shows that football is precious to them,” Mendez said, according to the Opinion website.
The league had been considering launching its own television channel to provide live coverage of its games once its existing three-year deal with Entel, from 2010 to 2012, expired.
The existing deal was worth $1.3 million in 2010, $1.5 million in 2011 and more than $2 million this year.