Premier League Cancels Deal With Chinese Licensee

Post by: Rick Ellis 03 September, 2020
Rate this item
(0 votes)

The Premier League has cancelled its UK£523m Chinese rights deal with Suning Holdings-owned PPTV. The streaming service still owed the league UK£160m for the final installment of its 2019/20 fee. The broadcasting deal with Suning Holdings is believed to be the Premier League’s biggest overseas TV contract.

Suning had agreed a three-year deal with the Premier League, running from 2019 to the end of the 2022 season. The collapse of this deal will be another financial blow to the league, which is already struggling dut to pandemic-related shutowns.

Here is the full statement from the league:

"The Premier League confirms that it has today terminated its agreements for #PL coverage in China with its licensee in that territory. The #PL will not be commenting further on the matter at this stage."

Read 439 times