Conmebol creates anti-termination clause for Copa Libertadores rights from 2023

The South American Football Confederation (Conmebol) created an anti-rescission clause to advance with the negotiations for the broadcasting rights of the Copa Libertadores and that it will include in the next tender, which will be valid from 2023. As stipulated in the clause, if the company that wins the rights decides to break the contract before it ends, it will have to take charge of the economic loss of the sports entity.

In 2020, during the beginning of the critical situation of the Coronavirus, the Brazilian network Globo terminated its broadcasting agreement for the Copa Libertadores and the Copa Sudamericana, justifying that it was unable to pay its share due to the rise in the dollar. In addition, the OTT DAZN also decided to suspend its agreement for the two tournaments, based on a clause that stated that companies could cancel the contract in the event that the competition was stopped or suspended, which Globo also turned to for its defense .

In this way, Conmebol tries to avoid suffering the losses it recorded due to the two resignations, which were much higher than expected in that period. In addition, the entity assured that it hopes to define which broadcasters will be in charge of the transmission of the two championships for the first half of April 2022, and that the contracts will be valid from 2023 to 2026.