As reported by the Mexican website Mediotiempo, Fox Sports would already have a buyer in Mexico. The channel’s sale in the country is one of the requirements imposed on The Walt Disney Company by the Telecommunications Federal Institute (IFT) to approve Disney-Fox merger, which took place in March last year.
According to information given by the website, there is a buyer, whose name was not reported, who meets the requirements to acquire Fox Sports Mexico and is awaiting the IFT approval. In addition, Mediotiempo reported that the operation could take place before August 3rd, the deadline set by the Mexican regulator to define the future of the Disney-Fox merger in Mexico. In Brazil, the already mentioned merger was recently approved by the Economic Defense Administrative Council (CADE).
Since the IFT ordered the sale of Fox Sports Mexico as a requirement to complete the Disney-Fox merger, several companies have been linked to the operation as potential buyers, including AT&T, DAZN, Fox Corporation, NBC, Comcast, and others. Although Mediotiempo made no mention of the possible Fox Sports buyer in Mexico, it pointed to NBC and AT&T as the ‘most interested’ companies.