Trio of bids for Bolivian league rights all exceed FBF's demands
Three companies have submitted bids for domestic rights to Bolivian soccer, all of which exceed the $45 million minimum fee sought by the FBF, the national federation.
The FBF opened bid envelopes yesterday and announced that incumbent SportTV Rights, the Bolivian agency, local telecoms firm Telecel Tigo and GolTV, the pay-TV operator across the Americas, had met the 10 August deadline.
It said it was seeking a minimum of $45 million, or $11.25 million per season, over the course of the contract.
Telecel has offered $46 million, while GolTV's bid is worth $50 million in total, with clauses attached relating to a revenue-sharing model.
SportTV, which has a matching clause in its present contract worth $4.1 million per year, has offered $46.5 million, around $11.62 million per season.
The bids will now be assessed by the FBF, with a recommendation to be made to its executive committee.
Prior to yesterday's deadline, the FBF said eight companies were interested in the rights, but it did not reveal their identities.
SportTV Rights, Telecel and GolTV had been among the 10 companies that responded to the original invitation to tender earlier this year before the coronavirus pandemic stalled the process, the others being US media giants ESPN and Turner, and Bolivian telecoms firms and broadcasters Comteco, Entel, Cotel, Unitel and Ceo Nexus Sport.
The domestic sales process has been stalled and complicated by the fact that six clubs - Bolivar, Wilstermann, Oriente Petrolero, Blooming, Guabirá and Royal Pari - formed 'Unidos por el Fútbol' ('United for Soccer') as they bid to control their own rights and vowed not to participate in the collective FBF tender.
The six clubs wanted to proceed with a deal worth a reported $100 million over 10 years from Marcelo Claure, owner of Bolivar, but the FBF rejected that offer, claiming it did not want to sell its rights for such a long period of time.
The FBF claims to have legal rights to control the División Profesional's media rights from 2021.