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GolTV given deadline to pay Ecuadorian Serie A rights fees owed

GolTV given deadline to pay Ecuadorian Serie A rights fees owed

GolTV’s contract with Ecuador’s Serie A is currently under serious threat. The two sides previously agreed to a 10-year deal worth around $314 million back in 2017. Nevertheless, the broadcaster has reportedly not given the South American top flight division the necessary funds since September of 2023. As a result, Serie A officials are giving GolTV until May 24th to make the appropriate payments.

According to a report by Inside World Football, the ongoing delays have hindered some teams’ abilities to pay their players. Officials from all 16 Serie A teams recently met to come to a consensus regarding what to do about the broadcaster. The league determined GolTV must comply with the aforementioned payments within 15 days. The meeting between club and league officials took place on May 9th.

Nataly Villavicencio, president of Ecuadorian side Deportivo Cuenca, expressed his concerns following the recent meeting. “The priority is solutions. Lately, we haven’t been receiving anything, for the economy of all the clubs it’s a big blow not to have the television rights,” Villavicencio told local media. “They owe us seven months, it’s a significant value. We owe the players two months [wages].”

GolTV official wants Ecuadorian Serie A to make scheduling changes

It was previously revealed that GolTV president Carlos Moyano asked Ecuadorian Serie A executives to change the terms of their deal, as well as the league’s current format. Moyano personally voiced concerns with league officials regarding a decline in subscribers and ongoing piracy issues.

The GolTV president is essentially demanding that each Serie A club play each other four times per campaign. This unusual schedule most recently occurred in Ecuador back in 2018. The league was split between two different seasons then, with every team playing each other home and away in the two campaigns. After the second season, the two tables were put together on aggregate to determine a…


Source link : https://worldsoccertalk.com/tv/goltv-given-deadline-to-pay-ecuadorian-serie-a-rights-fees-owed/

Author : Chris Moore

Publish date : 2024-05-14 20:13:33

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