Turner and Fox to Acquire Argentine Soccer

According to local media reports, the groups would take over all broadcasts of Argentine championships starting January 1 and for the next 15 years.

After many days of speculation and rumors, Argentine media is reporting US media groups, Turner and Fox, would be the ones to jointly acquire the broadcast rights for Argentine soccer.

The responsibilities would begin on January 1, 2017; the day after the show Fútbol para Todos finishes, and would last 15 years, according to Armando Pérez, head of the Regulation Committee at the AFA.

The executive met with Secretary General, Fernando De Andreis, and the owner of Fútbol para Todos, Fernando Marín, who notified him of the offer, which would be worth 2.5 billion pesos (167 million dollars).

"The deal will be signed by the two companies and AFA, which will own the rights for 15 years, and the cost will increase year on year," Pérez said to Télam.

"We will be informing this to the clubs now," said Pérez. The Argentine press now speculates that FOX and Turner would implement a broadcast model through a pay TV network that would cost between 170 and 300 pesos a month (12 and 20 dollars).

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