CF: Milan among Serie A clubs claiming billions in damages amid TV rights dispute | OneFootball

Following a ruling that was made in 2019, AC Milan and over 20 other Serie A clubs are claiming billions of euros in damages for the wrongful sale of the league’s TV rights. Whether this attempt will be successful, however, is a different question.

As told by Calcio e Finanza, the dispute stems from a ruling that was made by the Italian Competition Authority in 2019 and resulted in heavy fines. It was found that the TV rights companies IMG, MP & Silva and Be4 colluded by coordinating their bids to limit the competition, more specifically from 2008 to 2018.

This ruling prompted almost a dozen of Serie A clubs, including AC Milan, and the league itself to sue the companies in a Milan court. The league has made a request for €1.8 billion ($2 billion) in damages due to the lost revenue, while the request of the clubs is more than €3 billion.

Experts of the court have been appointed and will assess the requests by April 2025, as well as deem whether Serie A and the clubs have a case to begin with. Serie A also attempted to reach an out-of-court settlement but as this was unsuccessful, the league is now considering handing over its rights to compensation to specialised investment funds to bring money to the clubs faster.

Both claims remain for now, though, and IMG have expressed their innocence on the matter. As for MP & Silva, the company liquidated in 2018 while B4 Capital is in the process of liquidating.