Chinese Super League copyright contract extended

Updated 2018-01-26 13:24:03 Xinhua

The copyright contract of the Chinese Super League (CSL) will be extended by another five years.

This was announced at the CSL's shareholders' meeting on Wednesday. The CSL and Ti'ao Dongli, the copyright owner, reached an agreement to extend the original five-year contract to a 10-year one and to raise the price from 8 billion yuan (about 1.25 billion US dollars) to 11 billion yuan (about 1.73 billion dollars).

The Beijing-based company Ti'ao Dongli bought the CSL 2016-2020 television rights at a stunning 8 billion yuan in 2015.

"We hope to step forward in terms of exposure and [hope] all the investors can make money in this growing market." said Li Yidong, chairman of Ti'ao Donli in 2015.

Ti'ao Dongli's unchallengeable bid in 2015 showed their confidence in the future of the CSL. League attendance in the last two seasons has been the highest in Asia. Ti'ao Dongli established its own TV broadcast center and overseas broadcasting in the 2016-17 season which covered 96 countries and regions.

The Chinese Football Association issued two rules last year aimed at cutting the numbers of foreign players allowed in top-flight teams and forcing the teams to give more chance to the homegrown players.

All 16 teams in the Chinese Super League are allowed to sign a maximum of five foreign players from anywhere in the world as the 'Asian quota' is abolished, but only three can be included in match-day lineups. Two U23 players from each team must be homegrown players and one of them must be in the starting 11.

Also in the News

Nicole Kidman Recalls Oscar Glory: Loneliest Time
Showbiz2016/06/16 13:58February 20 2019 05:30:06

Nicole Kidman Recalls Oscar Glory: Loneliest Time

Attending Shanghai International Film Festival, Nicole Kidman talks about her role in "Grace of Monaco".

Labor Day Travel Peak Starts
Also in the News2014/05/01 12:16February 20 2019 05:30:06

Labor Day Travel Peak Starts

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'
Also in the News2014/04/18 13:18February 20 2019 05:30:06

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'

Hollywood star Johnny Depp's speech in the upcoming new film "Transcendence" has been disclosed on Friday, April 11th.

China World Business Sports Showbiz Audio
C4 My Chinese Life The Sound Stage China Revealed Showbiz Video Travel Video
China World Fun Travel Entertainment Sports
Beijing Shanghai Guangzhou
Live Music Opera & Classical Movies Traditional Shows Exhibitions
Learn Chinese:
Chinese Studio Living Chinese Everyday Chinese Just For Fun Chinese Culture Buzzwords