CSL gets revamped deal for TV rights

The Chinese Super League and China Sports Media have renegotiated their broadcast rights deal amid concerns about how the new restrictions on foreign players might affect ratings.

CSM has extended the contract from five to 10 years, but will pay less per annum than the initial deal it signed three years ago after the CSL agreed to the adjustments at a shareholders' meeting last Friday, according to Xinhua News Agency.

CSM purchased CSL broadcast rights for 2016-20 at a cost of 8 billion yuan ($1.25 billion) in 2015 but will now pay 11 billion yuan for the period 2016-25, qq.com reported on Thursday.