Telefónica renew UEFA competition rights thru 2026-27 season

Telefónica has secured the broadcast rights to UEFA’s Champions League, Europa League, Conference League and Youth League for the next 3 seasons (2024/25 – 2026/27) for €960 million total, at €320 million per season. This is a slight decrease from their previous €975 million deal for 2021-2024. Telefónica plans to offer these premier European football competitions to residential customers through their Movistar Plus+ streaming service. They hope to offset costs by reselling rights and launching new sports streaming channels available to subscribers and non-subscribers for €11-14 per month. Despite huge investments in football rights, Telefónica has lost 400,000 pay TV customers in recent years.

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