Business Directory

Browse the Directory

Sign Up to the Directory

FC Business Twitter
FC business Linked in
FC Business facebook
FC Business Youtube

Premier League secure 1.4bn in overseas broadcasting deals

Tue 23rd Mar 2010 | Television & Broadcasting

The Premier League expect to raise £1.4bn in the sale of its overseas broadcasting rights according to the Independent newspaper.

The new deal for 2010-13 has more than doubled from the £625m which was secured in the last rights issue. Premier League officials have assured its member clubs that they will raise the amount each receives from the current £10m to around £23m per season

The increase in revenues are expected to filter down to clubs in the Football League as well after it was announced that parachute payments to relegated clubs would increase to £16m from the current £11.2m. However, this is expected to be spread over four years instead of two as current and represents a drop in real terms of 0.66% on the current deal.

Solidarity payments paid to the Football League are also expected to increase from next season as a result. The current £21.6m is spread amongst the 72 Football League clubs to fund community, academy and various other club projects.

The Premier League's live domestic rights for 2010-13 raised £1.782bn when sold last summer. With such enormous growth in international sales, and room for expansion, foreign rights should overtake home sales in the future.

However, Ofcom, the television and media regulator is expected to rule that Sky make its premium channels in the UK available to rival broadcasters at wholesale prices. This threatens to diminish the stranglehold the broadcaster has on pay sports, thus reducing the cost of watching football.

Add to: Google Google | Yahoo Yahoo | Live Live | del.icio.us del.icio | Digg Digg |

Related Articles

MUTV Launched Online In UK and Ireland

Tue 11th Jul 2017 | Television & Broadcasting

Manchester United’s official television network, MUTV, is now available to all supporters in the UK and Ireland, via a new streaming service. The newly launched service at mutv.com will be...

EFL Puts Broadcast Rights Up For Tender

Fri 9th Jun 2017 | Television & Broadcasting

The EFL has announced plans to place its domestic broadcasting rights up for tender. The decision, taken at its 2017 summer conference, not to exercise the option to extend the current domestic...

Season Ticket Better Value Than TV Subscription

Mon 5th Jun 2017 | Television & Broadcasting

A subscription to both Sky Sports and BT Sport costs more than a season ticket at 19 of the Premier League’s 20 football clubs in the season just gone. Research suggests football fans could get...

The EFL Agrees Two Major National Radio Rights Deals

Thu 25th May 2017 | Television & Broadcasting

The EFL has signed three-year agreements with talkSPORT and the BBC, securing high-profile broadcast platforms for all EFL clubs for the 2017/18 season onwards. With existing agreements due to expire...