Apple close to finalizing deal with FIFA over TV rights for new tournament, NYT reports

FILE PHOTO: The FIFA logo is seen outside the FIFA headquarters in Zurich, Switzerland December 17, 2015. REUTERS/Ruben Sprich/File Photo

(Reuters) -Soccer's global governing body FIFA is close to an agreement with Apple to give the tech company worldwide television rights for a new, month-long club tournament, the New York Times reported on Monday.

The deal with Apple could be announced as soon as this month and valued at around $1 billion, a quarter of the $4 billion FIFA had first estimated, the report said, citing three people familiar with the matter.