Journal of Riyad BeIN Sports suffers huge losses in France exceeding one billion euros

In Qatar, the beIN Sports network in France has suffered successive attacks, resulting in financial losses of more than one billion euros and resulting in the loss of transfer rights of the Champions League, leaving approximately one billion euros. million subscribers in France.

The French newspaper Libération published a report on the losses suffered by the Qatari network. BeIN Sports celebrated the arrival of 4 million subscribers in France in 2017, but last year, 800 000 of them left their subscription to the network after the loss of rights. broadcast in the Champions League. Europe and the Europa League, which placed the network of countries in a financial dilemma, led the French government to intervene to carry out a financial audit.

BeIN Sports lost 81 million euros last year and the value of its losses in France since the start of the project seven years ago to 1.4 billion euros, despite the fact that Qatari government intervention to support its media branch in France to the tune of hundreds of millions, but the channel has continued to decline and has entered the media network To obtain the essential broadcast rights League matches 1 from next year.

Nasser al-Khulaifi, head of Qatar's channel network, is under investigation for his relationship with Lamin Diec, president of the International Association of Athletics Federations (IAAF) , to facilitate the right of Qatar to organize the tournament in Doha later this year. BeIN Sports has obtained the rights to broadcast the 2022 and 2026 World Cups.