• Loading stock data...
Thursday, July 10, 2025

PPTV Ordered to Pay Premier League $213M

Premier-League-PPTV-China
Premier League/Design: Alex Brooks

The High Court in London ruled that Chinese broadcaster PPTV must pay the English Premier League at least $213 million following a nearly year-long rights battle.

PPTV failed to pay two installments to the league last year, which resulted in the English Premier League terminating the three-season deal worth roughly $650 million. The broadcaster attributed its missed payments to pandemic-related schedule changes.

The deal, which would have been the Premier League’s biggest overseas contract, only lasted one season. As part of the contract termination, money from the rights was passed down to the league’s 20 clubs.

Judge Peter Foster said that just because unforeseen events “may transpire … does not mean the court will rewrite the parties’ bargain and impose different terms.”

  • He ordered two payments of $210.3 million and $2.673 million from PPLive Sports International, PPTV’s parent company, along with legal costs and interests. 
  • Judge Foster noted that PPTV did not pay outstanding legal fees owed to its lawyers last year.

Suning-Owned PPTV

Chinese conglomerate Suning purchased PPTV for $420 million in 2013. Three years later, the company purchased a minority stake in Serie A’s Inter Milan as part of a $307 million deal.

Suning reported $642 million in third-quarter net losses.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

U.K. Appoints New Soccer Regulator, EPL Matches Stay Behind Paywall

Men’s soccer in England will receive new levels of oversight.

Liverpool to Pay Diogo Jota’s $20M Contract to His Widow

Jota had two years remaining on his contract.
Woody Johnson, primary owner of the New York Jets, is shown, at the Atlantic Health Jets Training Center, Monday, January 27, 2025, in Florham Park.

Premier League’s NFL Ties Deepen As Jets Owner Buys Crystal Palace

John Textor was at risk of running afoul of the UEFA’s ownership rules.

Premier League Embraces NFL-Style Flex Scheduling for 2025–26

The league warns of additional games “moving at relatively short notice.”

Featured Today

Jun 28, 2025; Arlington, Texas, USA; Seattle Mariners catcher Cal Raleigh (29) bats during the game between the Texas Rangers and the Seattle Mariners at Globe Life Field.

The Torpedo Bat Business Is Still Going Strong: ‘Here to Stay’

Demand for the oddly shaped bats has stayed strong across the sport.
July 6, 2025

American Celebs Want to Be Sports Owners. Soccer Is Where They Start

As U.S. team prices climb, investors set their sights abroad.
July 5, 2025

Baseball’s Celebrity Row: Behind MLB’s First-Pitch Ritual

Often planned, sometimes spontaneous, the ritual throw is baseball’s celebrity row.
July 4, 2025

3,000 Hot Dogs, $20K in Prizes: Behind the Nathan’s Eating Contest

Nathan’s serves up thousands of hot dogs and $20,000 in prize money.
Jul 10, 2025; Wimbledon, United Kingdom; Iga Swiatek of Poland at her on court interview after winning her match against Belinda Bencic of Switzerland on day 11 at All England Lawn Tennis and Croquet Club.

Wimbledon Set to Deliver Strong Finals Matchup for ESPN

Novak Djokovic is still in the hunt for his 25th Grand Slam.
Feb 7, 2025; Storrs, Connecticut, USA; UConn Huskies center Tarris Reed Jr. (5) reacts after his basket against the St. John's Red Storm in the first half at Harry A. Gampel Pavilion.
July 8, 2025

After Decade Apart, ESPN and Big East Rekindle Media Rights Relationship

After a decade-plus apart, the network will stream hundreds of conference events.
Paige Bueckers
exclusive
July 8, 2025

Women’s March Madness Expansion Wouldn’t Yield More ESPN Money

ESPN is not required to pay extra if women’s March Madness expands.
Sponsored

Game On: Portfolio Players Stories, Brought to You by E*TRADE from Morgan Stanley

Dealmaker Jeffrey Kaplan maps the evolution of sports as an asset class
Jul 6, 2025; Houston, Texas, USA; Mexico forward Marcel Ruiz (14) heads the ball in front of United States midfielder Brenden Aaronson (11) in the second half during the 2025 Gold Cup Final at NRG Stadium.
July 7, 2025

USMNT Struggles Still Produce Big Gold Cup Ratings for Fox

The U.S. team’s recent issues culminated in a loss to Mexico.
July 2, 2025

Paramount Settles Trump Suit Ahead of NFL Season, Skydance Merger

The deal likely allows the much larger Skydance merger deal to proceed.
Leo Messi
June 27, 2025

TNT, Club World Cup Ride Messi to Surprisingly Solid Debut Ratings

TNT Sports carries about a third of matches in the U.S.
June 24, 2025

Fever vs. Aces Draws 5th-Largest TV Audience of 2025 WNBA Season

ESPN will carry seven more Indiana Fever games this year.