US media giant Paramount has won the rights to show Champions League matches in the UK from 2027.
BBC Sport has been told the company will pay well in excess of the £1bn-a-year deal currently in place with TNT.
The deal will run for four years to 2031. Amazon Prime will continue to show a game every Tuesday in the UK for four years.
Paramount’s deal comes after the joint UC3 initiative between European football’s governing body Uefa, the European Club Association and commercial rights partner Relevent.
Paramount worked with Uefa on the elaborate films screened around the Champions League draw for the past two seasons.
Sources have suggested the deal could be seen as good news for the Premier League given it adds another big broadcasting name to the football rights market and should not lead to an overall reduction in the TV pot.
There has recently been speculation of a bid by Paramount for Warner Bros Discovery, which includes TNT in its portfolio.
