The English Premier League has sold its television rights in China for $700 million in its biggest-ever overseas sale, a person familiar with the deal said on Thursday.
Online video streaming service PPTV sealed a three-year deal from the 2019-20 season, the person told The Associated Press.
The person spoke on condition of anonymity because details of the negotiations are confidential with PPTV, a media division of China's Suning retail group which also owns Italian club Inter Milan.
PPTV's 2019-2022 deal is worth more than 10 times the current contract with Super Sports Media Group, which is paying around $20 million a season to air all 380 matches. PPTV also has the live rights for games from Spain's La Liga in China.