The development was announced on Thursday during a function in Achwa Hall, Serena Hotel, Kampala. It comes after Tanzania based Azam TV communicated that they will not renew their contract with UPL which ends in May.
Dennis Mbidde, the managing director of the new company said the four year deal which starts from 1st June 2018 ending 31st July 2022 is valued at about Shs 10.8 billion.
Fufa President, Moses Magogo said he was delighted to have a Ugandan company snap up these rights because it will cover three competitions.
The Chief guest Godfrey Kiwanda Suubi, minister of state for Tourism, Wildlife and Antiquities also thanked the FUFA President and the people who have been instrumental in bringing sanity in sports.
According to the break down the UPL clubs will share Shs 2.1 billion (US$600,000), Big League Clubs Shs 252 million (US$70,000) and Uganda Cup Shs 288 million (US$80,000) every year for the next four years.