DAZN close to buying BT Sport

The DAZN platform, which is investing heavily in professional boxing, is close to completing its purchase of the British TV channel BT Sport, which has the rights to broadcast the most important football matches in the UK.

The deal is expected to be $800 million and may close in January. DAZN has been present in the UK since last year, but so far its offer has focused primarily on martial arts.

Exclusive contracts with the platform are held by Eddie Hearn, DAZN's chief boxing strategist, among others. According to unofficial information, the platform currently has 11 million subscribers worldwide.