MEXICO CITY
EMexican football club Santos Laguna is suing the Walt Disney Company, charging millions of dollars in damages due to alleged breaches of contract arising from the acquisition by the American entertainment giant Twenty-First Century Fox last year.
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The club filed a lawsuit in California court this week, claiming that Disney violated the terms of a five-year agreement signed in 2017 who have established profitable rights to stream their games from home, among other promotional services.
The team, based in the northern city of Torreón, claims that the alleged violations could leave it without a viable partner to televise its games.
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Santos Laguna claims that the initial agreement they signed with what was then known as FSLA Holdings, a former Fox unit, was worth about $ 106 million, which covered the rights to broadcast matches in Mexico and abroad starting with the 2019/2020 season.
But after Fox’s $ 71 billion acquisition, Disney agreed to give up the FSLA, now known as TFCF Holdings.
We believe that the statements are totally unfounded and we will defend ourselves vigorously against them “, said a Disney spokesperson.
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The lawsuit says Disney has agreed with Mexican regulators that the majority-owned sports broadcaster ESPN will not try to buy from its competitor to facilitate approval of the operation in the Latin American country.
ESPN and Fox Sports are the two main stations for professional football games in Mexico.
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