Premier League TV rights: Clubs fail to reach decision on overseas rights payments

Wednesday 4th October , 2017 3:25 pm
Chelsea and Manchester City are two of the teams applying pressure for a new deal (Image credit: Getty Images)
Chelsea and Manchester City are two of the teams applying pressure for a new deal (Image credit: Getty Images)

Plans to end the equal distribution of overseas Premier League TV money have been put on hold because of a lack of support.

The six richest clubs – Manchester City, Manchester United, Tottenham, Arsenal, Liverpool and Chelsea – want their appeal reflected in their income.

And a proposal – put by Premier League executive chairman Richard Scudamore – suggested 35% of global revenue should be divided based on league position.

But at a meeting on Wednesday it became clear the plan was significantly short of gaining the support of the 14 clubs needed, so no vote was taken.

“Clubs agreed to adjourn to allow further discussion,” a statement read.

The £3bn overseas deal for 2016-19 generates £39m annually for each club – and for the previous 25 years there has been an equal sharing of international broadcasting income between the clubs.

But new contracts for international markets such as China and the United States for the next period between 2019 and 2022 have been booming in value, and the big six clubs want a greater share.

 

 

 

Source: BBC