01:12 PM EDT, 04/22/2024 (MT Newswires) -- (Updates with details.)

Apple ( AAPL ) is close to an agreement with international soccer governing body FIFA that would give the tech giant worldwide television rights for a new major tournament among top teams that will be played for the first time next year in the US, the New York Times reported Monday, citing people familiar with the matter.

A deal could be announced as soon as this month and be valued at a quarter of the $4 billion first estimated by FIFA, the sources were quoted as saying.

Apple ( AAPL ) and FIFA did not immediately respond to requests for comment from MT Newswires.

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