EA reportedly closing in on £500m deal to renew Premier League football license

Electronic Arts has signed a new deal with the English Premier League, solidifying the relationship between the two.

According to a Sky News report, EA Sports is ready to sign a six-year deal with the Premier League that sits around the £488 million ($522 million) mark. The extension is said to be worth more than double the current deal.

A club executive told Sky News the deal would provide the league with £80 million annually, with EA remaining the its lead partner and holder of the exclusive rights to the gaming license.

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