Apple plans to bid for streaming rights to the English Premier League (EPL), according to a report in a British tabloid. The move will build on the company’s recently signed, decade-long deal to stream Major League Soccer (MLS) exclusively on Apple TV starting next month. if report To be precise, Apple would be the fourth-biggest contender for domestic rights to top-flight English football.

Domestic EPL rights are currently valued at £5.1bn ($6.23bn) and operate on a three-year renewal cycle. Tender rights for the EPL are due to be renewed later this year, with existing rights for the current three-year period expiring in 2025. This means there will be The current valuation of domestic EPL rights could increase significantly if Apple enters the bidding process.

In recent years, there have been bidding wars between major players such as Sky Sports BT Sport and Amazon Prime Video, with Sky Sports often the dominant player. However, the package clause ensures that no one broadcaster gets all of the Premier League rights, so any deal Apple’s broadcast rights for the EPL will necessarily fall short of the exclusivity deal the company has successfully negotiated with the MLS.

Notably, ‌Apple TV+‌ premiered the “Super League: Battle for Football” documentary series on Sunday, charting an ill-fated European league proposal pitting the sport’s elite clubs against each other. This may indicate that the company is looking to increase its Sports coverage of the future.

All told, Apple is reportedly planning to bid for the Premier League streaming rights, a move that would add to the current £5.1 billion ($6.23 billion) valuation for the domestic EPL rights. That would make the company the fourth-largest player vying for the purchase Domestic rights for top-flight English football join the likes of Sky Sports BT Sport and Amazon Prime Video.

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LeEco‘s financial troubles are far from over, instead they seem to be on the increase. The innovative company is said to have defaulted in payment for the rights to broadcast English Premier League matches in China, the Financial Times reports.

LeEco’s LeSport subsidiary purchased the rights from the current owner of the broadcast right in China – Super Sports Media Group but failed to meet up with it payment of $30 million which was due on December 20. Super Sports Media group had threatened to cut off LeEco’s braodcast of the highly packed Boxing day matches, a situation which forced LeSport to pay a fraction of the amount owed thus bringing them temporary respite.

However, both parties have agreed on a repayment plan that would end on China’s Lunar New Year on January 28. The agreement seems to guarantee LeSports can broadcast EPL matches until next Tuesday except the company meets up with its payment agreement. As it stands, Super Sorts Media Group can cut off LeSports’ signal at any time, according to an unnamed spokeswoman. But LeSports has assured that there won’t be any problem with its English Premier League broadcasts.

Read More: Sign of a Major Layoff as Image of LeEco Employees Queuing Up Surfaces Online

LeEco is currently enmeshed in deep financial crisis which is threatening the foundation of the internet giant. Her current financial travails may be unconnected to huge investments in US-based Faraday Future electric car and its own LeSee Electric car projects, coupled with investments in trying to make in-roads into the US market, including purchasing a vast expanse of land from Yahoo in Silicon Valley for $250 million. LeEco has gifted us some of the finest smartphones around and the it seems to have lots more to offer, so we only just wish the company can come out of this, and soon.

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