Mexico City / 02/20/2020 10:42:11
The sale of Fox Sports Mexico is about to materialize and input, on the table of Disney, current owner of the chain, there are two offers, operations that already would have the approval of the Federal Telecommunications Institute (IFT).
One of the proposals comes from Rupert Murdoch, FOX owner until a year ago, in a virtual ‘repurchase’ that would have the participation of the MX League clubs of which they already have the transmission rights, as they are Santos, Atlas, Pachuca, León, Rayados, Xolos and Querétarowho now would serve as investors, plus not as partners.
The other alternative is that of AT&T, telecommunications consortium who is also interested in taking over all the assets of the company, and that I would also have the support of the teams, Who sign long-term contracts with the new owners for transmission rights.
In any case, the operation must be completed before April 30, date on which the extension granted by the IFT to The Walt Disney Company to disconnect from the three channels of Fox Sports in Mexico, indispensable requirement set to guarantee the purchase of FOX, crystallized last year.
If the negotiation does not materialize before that date, Fox Sports Mexico would go into liquidation of all its assets, including transmission rights, although Halftime could know that The buyer will be chosen in mid-March.
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