The Turkish Football Federation (TFF) has rejected a bid of $150 million from BeIN Media Group and Digiturk for the broadcasting rights to the upcoming 2022-23 season.
According to Reuters, it was the top bid and from the current rights holders. However, it was considered too low and was also less than the amount they paid for the current season.
BeIN is now considering lodging a bid of $58 million for half the 2022-23 season, with a final decision expected on March 7.
Failure to reach an agreement on the rights could have far-reaching consequences for Turkish football, with the top four clubs in the country, according to Reuters, having a total of $750 million in debts as of last November.