The Argentinian Football Association has selected a joint proposal by US media companies Fox and Turner as the winner in the auction for rights to the domestic Primera División.
The association said that the successful bidders have secured a “period of exclusivity of three business days (to) implement and fulfil the commitments assumed in their offer.”
The Mediapro agency and international sports broadcaster ESPN had also lodged bids with the association.
The deal is set to run for five years, with the option to renew for a further five years.
Fox and Turner will pay the association a guarantee of ARS1.2bn (€73m/$77m) before paying ARS3.2bn per year.
Argentinian newspaper La Nacion reported that the Torneos agency would be responsible for producing the coverage.
The rights will replace the former government-backed Fútbol para Todos initiative, which reserved coverage of games for free-to-air broadcasters.