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Public Media and Szerencsejáték Zrt. to Invest 15 Billion Forints in Hungarian Football
🇭🇺 Hungary /Sports

Public Media and Szerencsejáték Zrt. to Invest 15 Billion Forints in Hungarian Football

From Magyar Nemzet · () Hungarian

Translated from Hungarian, summarized and contextualized by DistantNews.

At a glance

News Official statement New plan
  • Hungary's public media and Szerencsejáték Zrt. will invest a combined 15 billion forints into domestic football.
  • The public media secured NB I broadcasting rights for six billion forints, while Szerencsejáték Zrt. will contribute nine billion forints.
  • A significant portion of these funds will incentivize the participation of young and Hungarian players.

Hungarian football is set to receive a substantial financial boost, with the national public media and the state-owned Szerencsejáték Zrt. committing a total of 15 billion forints (approximately $41 million USD) to the sport.

The Hungarian Football Federation (MLSZ) announced the breakdown of these central revenues, revealing that public media will pay six billion forints for the broadcasting rights of the top-tier NB I league. Szerencsejáték Zrt., a major gambling company, will contribute an additional nine billion forints.

According to the MLSZ, a significant portion of these newly available funds will be directed towards encouraging the involvement and development of young and Hungarian players within the domestic leagues. This strategic allocation aims to strengthen the future of Hungarian football.

The agreement highlights a concerted effort to inject capital into the sport, with the hope of improving player development and the overall quality of the Hungarian football league system.

DistantNews Editorial

Originally published by Magyar Nemzet in Hungarian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

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