Osasuna signs lucrative new rights deal with Prisa, presidential candidate says

Spanish La Liga football club Osasuna has signed a new television rights contract to begin next season with pay-television broadcaster Prisa TV, according Miguel Archanco, who is a candidate to become president of the club.

Archanco said that the new three-year deal until the end of the 2014-15 season was worth over €20 million ($25.2 million) per season, up by more than 30 per cent on its current rights deal with the Mediapro agency, worth €15 million per season.

He said the club was able to cancel its contract with Mediapro and negotiate its new contract with rival Prisa due to the competition law in Spain that was introduced in 2010. The law prevents rights-holders owning a team’s broadcasting rights for more than three years.

In Spain, football clubs negotiate their own broadcasting rights contracts.