Premier League boosted by 25% rise in South American rights with £450m ESPN deal
The Premier League has secured a significant 25% increase in its broadcast rights for South America and the Caribbean, signing a new deal with ESPN worth around £450 million. The new agreement runs until 2031, representing a substantial rise in value compared to the previous contract. This contrasts with the stagnation observed in the Premier League's domestic TV rights, which have remained largely unchanged in recent years. The new South American and Caribbean partnership with ESPN highlights the growing international appeal and commercial value of the Premier League, as it continues to expand its global reach and audience. The Premier League's clubs were informed about the new deal during the recent shareholders' meeting, where they were also updated on upcoming television rights negotiations in other regions.
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