Disney-owned sports broadcaster ESPN has renewed its contract to show top flight Dutch football until 2030.
The €750 million deal is a blow to the consortium of Dutch cable and phone providers Ziggo, KPN, Delta and T-Mobile that had hoped to secure the rights.
Telegraaf reports the current contract, which runs until 2025, is being extended for five years. The clubs will between them receive an annual €135 million and a €70 million bonus that will be paid in two stages once the deal has been officially signed off by Eredivisie CV.
The new agreement is almost double that of the 10 year deal signed in 2013 when the then Fox Sports agreed to pay €80 million a season.
Disney will act as guarantor for the whole value of the contract and will also write off a loan taken out by Eredivisie CV to cover Fox Sports’ start-up losses.