US media companies Fox and Turner are set to put forward an improved offer for the broadcast rights to Argentina’s Primera División, the top tier of football in the country.
Argentine news agency Télam said Fox and Turner will present the new offer tomorrow (Tuesday) at a meeting scheduled for the Argentine Football Association headquarters in Buenos Aires.
Fox and Turner have not moved from an initial offer worth a basic 2.2 billion pesos (€131.9m/$138.1m) per year, which was lodged in November. Clubs are said to have demanded 3.5 billion pesos per year for the rights, plus additional revenue based on a number of different factors.
The new offer is said to be for five seasons, from 2017-18 to 2021-22, and will come into effect in August. It will reportedly include a basic 2.5 billion pesos per season, with 500 million pesos paid according to metrics such as ratings and subscriber figures and a further 300 million pesos for streaming rights. Télam said the 3.5 billion pesos figure will be made up with a sponsorship deal worth 200 million pesos with telecommunications group Claro.
However, the deal would be dependent on formal confirmation of the end of the Fútbol para Todos contract, via which the Argentine government paid to ensure the top-tier league was shown on free-to-air television.
The FPT contract was due to run until September 1, 2019, but has been cancelled by the Argentine government.