DAZN in advanced talks to buy BT Sport, FT says

DAZN, the sports streaming service owned by billionaire Len Blavatnik, is in advanced talks to buy the sports television unit of Britain's BT to gain content including English Premier League soccer, the Financial Times said on Tuesday.

DAZN, the sports streaming service owned by billionaire Len Blavatnik, is in advanced talks to buy the sports television unit of Britain's BT to gain content including English Premier League soccer, the Financial Times said on Tuesday. DAZN Chairman Kevin Mayer said last week he was "possibly" interested in BT Sport, telling a TV industry conference that he would "love to have EPL (Premier League) ultimately" and BT Sport was a "great business".

A BT spokesperson said the company was continuing to explore options for BT Sport, and all possibilities remained on the table, including a total or partial sale or retaining the business. DAZN was not immediately available to comment.

A source close to the negotiations said a deal was "not at the line yet", given the complexity of the rights and agreements involved, such as a reciprocal partnership with BT's rival Sky.