English Premier League sells TV rights in China to PPTV
The English Premier League has sold its TV rights in China for $700m, say sources, to online streaming service PPTV, a division of China's Suning retail group - which incidentally bought the Italian club Inter Milan earlier this year. The deal is worth more than 10 times the league's current contract with Super Sports Media Group and covers 2019-2022. As we have been noting, this deal is just the latest in a series of big investments in football by China, where President Xi Jinping has made improving the Chinese football game a priority. Manchester City, West Bromwich Albion, Aston Villa, and Wolverhampton Wanderers have all received investment from China in the last 12 months.
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.