That saw PPTV refuse to pay the $292 million payment due in March for coverage of the 2019/20 season.
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The Premier League, the leading United Kingdom soccer division, has terminated its massive $747 million (£564 million) TV rights contract with China's PPTV two years early due to unpaid payments, it said Thursday.
It has been reported that the television deal with Chinese broadcaster PPTV has been terminated due to an unpaid fee of £160million (€180m).
The clubs also gave their approval in principle to the Premier League Board's proposal to curtail next season if they decide that it can not be completed in full by August 11 at the latest, a plan revealed by Sportsmail on Thursday.
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But constituencies involved, including parents, had a raft of outstanding questions and concerns and asked for more time. That's meant to get a handle on whether people without symptoms might be in schools and potentially infectious.
In a statement posted on their official company Weibo account, PPLive Sports International said that it had held negotiations over the price of the rights with the league.
PPTV said in a statement that after many rounds of talks disagreements remained on the value of the rights.
Sources insist this all stems from the Chinese broadcaster's failure to make a £160m payment in March - leading to a legal dispute with the Premier League. We regret we couldn't have an agreement with the Premier League.
"This development is taking place against the backdrop of increasingly sour relations between the United Kingdom and China", said Simon Chadwick, director of the Centre for the Eurasian Sport Industry. "PPLive Sports will continue to dedicate itself to providing high quality services to fans, copyright holders and partners".
This contract termination seems something of a shock then, and, with the coronavirus pandemic already depriving clubs of hundreds of millions of pounds through lost ticket sales and commercial revenue, the collapse of this agreement is another major financial blow.