The article details that Netflix is reportedly preparing a bid for the global broadcasting rights to UEFA’s club competitions, encompassing the Champions League, Europa League, and Conference League. This initiative aligns with UEFA’s broader restructuring of its TV rights model, projected to generate approximately €5 billion annually starting from the 2027-28 season. Under the proposed terms, a successful Netflix bid would allow the streaming service to broadcast one Tuesday fixture per round, subject to specific restrictions on repeatedly selecting certain high-profile teams. This potential entry into major live sports broadcasting follows Netflix’s previous engagements in sports content, including popular documentaries, the acquisition of US rights for the 2027 and 2031 FIFA Women’s World Cups, and a recent high-viewership boxing match. The rights are presently managed by the American sports marketing agency, Relevent.
Source: https://indianexpress.com/article/sports/football/netflix-set-to-bid-for-champions-league-rights-in-deal-that-could-bring-uefa-e5-billion-per-year-10296916/