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Greenberg Traurig advised EKSTRAKLASA SA on the largest TV media rights transaction in Poland

WARSAW, August 24, 2020 - Greenberg Traurig advised Ekstraklasa S.A. on the settlements with TV broadcasters, CANAL + and TVP, as well as on the sale of media rights relating to the Polish premier football league, to these broadcasters for the 2021/2022 and 2022/2023 seasons.

As a result of the COVID-19 pandemic, the suspension of Polish football competitions and uncertainty about their continuation in the current and future seasons, as well as the dramatic decline in clubs’ income resulting in a realistic risk of loss of their financial liquidity, Ekstraklasa as the company in charge of the competitions and media rights related thereto, has been working to minimize the impact of these extraordinary circumstances.

Greenberg Traurig represented Ekstraklasa S.A. at all stages of the negotiations and settlements with CANAL + and TVP and the sale of media rights to these broadcasters.

The total value of contracts for the four seasons (2019/20 – 2022/23), together with the costs of TV signal production amounts to PLN 1 billion.

The transaction was led by Partner Michał Fereniec from the Greenberg Traurig Warsaw office who was supported by Senior Associate Mateusz Koronkiewicz.

Greenberg Traurig LLP

Greenberg Traurig, LLP is an international, multi-practice law firm with approximately 2200 attorneys serving clients from 41 offices in the United States, Latin America, Europe, Asia, and the Middle East.

Greenberg Traurig Grzesiak sp.k. was named the 2019 and 2018 Most Innovative Law Firm of the Year Award for Poland by International Financial Law Review (IFLR) and the 2017 Law Firm of the Year in Poland by Chambers and Partners. The Warsaw office of Greenberg Traurig, LLP provides legal services to clients in Central Europe and beyond and consists of approximately 100 lawyers. Team members are regularly recognized as leaders in numerous practice areas. Chambers Global, Chambers Europe, IFLR1000 and EMEA Legal 500 consistently rank them among the top tiers the areas of Corporate/M&A, Capital Markets, Real Estate, Private Equity, Tax, Banking and Finance, Project Finance, Energy, Dispute Resolution and TMT.

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