DAZN and Sky will keep the rights to screen live Serie A matches in Italy for the next five seasons after Italian clubs on Monday approved bids worth at least €4.5 billion ($4.8 billion), league officials said.

After four months of negotiations, the Serie A clubs had met in Milan on Monday to review final offers tabled by streaming services DAZN and Sky that amounted to some €900 million per year until the end of the 2028-29 season, just below the annual value for the current agreement.

Seventeen of the 20 clubs backed the offer, but the decision drew sharp criticism from Napoli owner Aurelio De Laurentiis.