LeSports (China)

LeSports Beijing's business licence has been revoked since May 20, and according to reports, the next step in Chinese law is liquidation

Chinese internet company LeEco has said it will cut 10 per cent of staff from its LeSports division amid ongoing concerns over rising debt.

Chinese internet company LeTV, which operates the Le Sports service, has acquired exclusive rights in Hong Kong for football’s 2018 Fifa World Cup, according to the South China Morning Post newspaper.

The Pac-12 US college sports conference has expanded its rights partnership with Chinese internet company LeTV.

Football’s English Premier League confirmed today (Tuesday) a rights deal in Hong Kong with Chinese IPTV operator LeTV.

Chinese state broadcaster CCTV is in discussions to renew rights to three of its most important football properties: the Uefa Champions League, Germany’s Bundesliga and Italy’s Serie A.

The Infront agency has already exceeded its guarantee to Fifa for rights to the 2018 and 2022 World Cups across Asia with rights to the 2022 tournament still to sell in all but its most-valuable market, China, TV Sports Markets understands.

Digital streaming service LeSports has sold on its Fifa World Cup 2018 rights in Hong Kong at a significant discount as it plans to cease operations in the territory.

OTT operator LeSports’ latest financing round could be at risk if rights-holders take legal action over missed payments, TV Sports Markets understands.