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FINANCIAL NEWS
Al Jazeera bids for rights to France’s football audience
21 Jun 2011
(MENAFN) Ligue 1, France’s football league, said Monday that Qatar’s Al Jazeera entered a bid for France’s domestic TV rights for high profile football games, Reuters reported.
Al Jazeera will have to beat out Canal Plus, which currently owns the rights, and Orange, a subsidiary of France Telecom, to win the rights for 2012 to 2016. Al Jazeera outbid Canal Plus for the international rights to the games last month.
The league is depending on this year’s bids to meet or surpass the current contract’s yearly USD950.4 million. The French league is struggling financially after a drop in ticket sales and decreased revenues from the transfer market.
Last week, Qatari investors bought 70 percent of shares of Paris St Germain, a French Ligue 1 football club, from Colony Capital. Colony Capital kept 30 percent of the club.
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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