Turner nets US$1.2 billion Chilean football TV deal

Cariola, Díez, Pérez-Cotapos has helped US broadcaster Turner acquire Chile’s largest sport broadcaster, securing the transmission rights to the Chilean football league for the next 15 years.

Turner nets US$1.2 billion Chilean football TV deal iStock/VladKol

Turner acquired Canal del Fútbol (CDF), jointly owned by the Chilean Football Association (ANFC) and Gestión de Televisión Limitada (GTV), for US$1.2 billion in a deal which closed on 20 December. Canal del Fútbol and GTV relied on in-house counsel, and ANFC enlisted Claro & Cía.

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