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Telefónica Wins UEFA Club Competition Rights in Spain Through 2031 for €1.46 Billion

The higher outlay reflects a bid to retain premium football, with talks looming over UEFA’s separately sold global ‘match of the day’.

Overview

  • The CNMV filing confirms Telefónica secured exclusive Spanish rights to the Champions League, Europa League, Conference League, Youth League and Super Cup for 2027/28–2030/31.
  • The package costs €366 million per season, up from about €320 million in the 2024–27 cycle as UEFA introduced a new commercial structure.
  • La Vanguardia reports the award is provisional pending contract signing with UEFA, which is expected to be formalized in the coming days.
  • EC3 has not yet named a winner for the worldwide single ‘match of the day’ rights, with media reports pointing to a major OTT as a frontrunner, which remains unconfirmed.
  • Telefónica may need a separate agreement to carry that global game to keep a seamless offering for Movistar+ customers, as it also prepares for the ongoing LaLiga 2027–32 tender.