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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
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
12 Mar 2025
Mr. Yaser Alsharifi completes Harvard Business School Presidents’ Program in Leadership
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