The Mexican football club Santos Laguna demand Walt Disney Company claim millions of dollars in damages for alleged contractual breaches arising from the acquisition of Twenty-First Century Fox last year by the US global entertainment giant.
He filed the documentation in a California court this week, alleging that Disney violated the terms of a five-year deal signed in 2017 that enshrined lucrative broadcasting rights to its home games, among other promotional services. They claim that the alleged violations could leave you without a viable partner to broadcast your games on television.
Santos Laguna confirms that the original agreement they signed with what was then known as FSLA Holdings was worth approximately $ 106 million, covering the broadcast rights of the games in Mexico and abroad from the 2019 season. / 2020.
But after Fox’s $ 71 billion acquisition, Disney agreed to divest from FSLA, now known as TFCF Holdings. “We believe the claims are totally unfounded and will defend ourselves vigorously against them,” said a Disney spokesman.
The lawsuit says Disney agreed with Mexican regulators ESPN, of which it is the majority shareholder, would not try to buy from its competitor to facilitate approval of the transaction in the Latin American country. The ESPN and Fox Sports channels are the two main stations for professional football matches in Mexico.