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China's Big Soccer Bet Isn't as Good as It Looks

China's Big Soccer Bet Isn't as Good as It Looks

France looks as if it has managed to buck a trend in Europe. While prices for the rights to broadcast both England’s Premier League and Italy’s Serie A have flatlined, France's Ligue 1 has knocked it into the back of the net. Its latest deal with a Chinese-backed bidder is worth 1.2 billion euros ($1.4 billion) a year, a stunning 60 percent increase on the previous round.