Courts / Kerry / Report
Serie A agent secures freezing orders over alleged non-payment of rights money
Summary
Infront Italy SPA, acting as an agent for the Serie A Professional Football League, obtained a High Court freezing order to prevent Media Partners & Silva Limited from reducing its assets below €18 million. The order arose from a dispute over payments for the international audiovisual rights to Serie A matches, which Media Partners & Silva had agreed to hold from the 2015‑16 to the 2017‑18 seasons for €4.68 million per season. Infront claimed that, as of June 2018, it was owed approximately €22 million, a debt acknowledged by the defendant's CEO. Media Partners & Silva had agreed to monthly payments of €5.5 million from September to December 2018, but none were made. The court granted the injunction ex‑parte on Tuesday, with a return hearing scheduled for the following week. The order aims to protect Infront's interests amid concerns that the defendant may dissipate assets or be insolvent.
Who, what, where, when and why
What: Report matter: Serie A agent secures freezing orders over alleged non-payment of rights money. Procedural stage: hearing_or_decision
When:
- June 2018 Other
- December 2018 Other
- 2018-10-16 Publication
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