Paramount takeover of UK sport cools despite Champions League grab

cityam12-10

Paramount saw off rival bidders to win the UK Champions League media rights form 2027 Paramount Skydance has no plans to launch a UK sports channel after acquiring Champions League rights from 2027 ...

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14:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cityam.com/paramount-takeover-of-uk-sport-cools-despite-champions-league-grab/><strong>cityam</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Paramount saw off rival bidders to win the UK Champions League media rights form 2027 Paramount Skydance has no plans to launch a UK sports channel after acquiring Champions League rights from 2027 ...</p>\n\n<a href=\"https://www.cityam.com/paramount-takeover-of-uk-sport-cools-despite-champions-league-grab/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4194","symbol_name":"办公房地产投资信托","start_time":0,"source_url":"https://www.cityam.com/paramount-takeover-of-uk-sport-cools-despite-champions-league-grab/","article_id":"2590066383","we_media_id":null,"thumbnails":["https://www.cityam.com/wp-content/uploads/2025/12/GettyImages-2218074644_23f148-e1765299763888.jpg?w=824&h=463&crop=1"],"rights":{"source":"cityam_highlight","url":"https://www.cityam.com/paramount-takeover-of-uk-sport-cools-despite-champions-league-grab/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2590066383","pubTimestamp":1765349100,"columns":[],"sourceInfo":{"source_id":"cityam_highlight","name":"cityam"},"weMediaInfo":null,"summary":"Paramount declined to comment, with sources saying it was too early to speculate on how the Champions League games will be delivered.TV rights valuations are generally flat or falling across Europe, with the exception of the Champions League, whose UK deal increased by around 20 per cent when Paramount+ paid 2.2bn for a four-year contract from 2027 last month.Even the Premier League deal has dropped in value on a per-game basis over its current four-year cycle to 2029, with the clubs securing a four per cent rise by selling 100 more games each season to Sky Sports.The EFL succeeded in gaining a 50 per cent increase in its UK TV rights from Sky when agreeing a five-year deal from 2024 to 2029, which also includes the Carabao Cup and EFL Trophy.Much of the growth was also down to the EFL massively increasing the nu","collect":0,"end_time":0,"defaultTopTitle":"cityam.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4194":"办公房地产投资信托","PGRE":"Paramount Group","BK4223":"办公室房地产信托"},"translate_title":"尽管争夺冠军联赛，派拉蒙对英国体育的收购仍降温","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PGRE":1.5},"content_text":"Paramount saw off rival bidders to win the UK Champions League media rights form 2027 Paramount Skydance has no plans to launch a UK sports channel after acquiring Champions League rights from 2027 onwards in an indication that a major expansion into sport from the global streaming platform is unlikely. As it stands the Champions League is likely to be broadcast in this country on Paramount+, while the entertainment network could share programming with its US counterpart CBS, whose presentation team of Kate Abdo, Thierry Henry, Jamie Carragher and Micah Richards have attracted a global following. Paramount/CBS has built up a considerable portfolio in the US, including all Uefa competitions, the Premier League, Serie A, three of the men’s golf Majors and Indian Premier League cricket, but rights experts have told City AM that a major expansion in Europe is unlikely, not least due to the network’s huge investment in the Champions League.  It comes after Paramount Skydance made a bid to gazump Netflix in the bidding for Warner Bros Discovery by offering shareholders a deal worth $108bn (£81bn).\n\nParamount declined to comment, with sources saying it was too early to speculate on how the Champions League games will be delivered.  \n\n\n\n\n\n\nNews Updates\nStay ahead with our three daily briefings delivering all the key market moves, top business and political stories, and incisive analysis straight to your inbox.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nEFL’s Sky TV cash fears EFL clubs are worried about a possible decline in the value of their domestic TV rights after broadcast partner, Sky Sports, committed to spending around £200m on exclusive rights for every Europa League and Conference League game for four years from 2027. The EFL’s current contract is worth £935m over five years, but the broadcaster’s new deal with Uefa, sealed last month, has led to fears among clubs about whether Sky will remain prepared to invest at that level in the next rights cycle from 2029. Any significant reduction in the value of the TV contract would have major ramifications for many clubs, most of which make annual losses. According to Deloitte’s 2025 Annual Review of Football Finance, Championship clubs averaged pre-tax losses of £17m in 2023-24, with average losses £5.2m in League One and £2.3m in League Two. \n\nTV rights valuations are generally flat or falling across Europe, with the exception of the Champions League, whose UK deal increased by around 20 per cent when Paramount+ paid £2.2bn for a four-year contract from 2027 last month. Even the Premier League deal has dropped in value on a per-game basis over its current four-year cycle to 2029, with the clubs securing a four per cent rise by selling 100 more games each season to Sky Sports. The EFL succeeded in gaining a 50 per cent increase in its UK TV rights from Sky when agreeing a five-year deal from 2024 to 2029, which also includes the Carabao Cup and EFL Trophy. Much of the growth was also down to the EFL massively increasing the number of games on offer to 1059 each season, and there are concerns that Sky’s appetite for buying even more matches may be reduced following their purchase of 342 Uefa games, which will take their total offering to 1616 matches from the Premier League, EFL and Europe from 2027. \n\nThe future of the Carabao Cup, which contributes around one-third of the value of the current EFL deal, is also uncertain due to the continued expansion of European competitions.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2590066383","isCrawlerRequest":true}