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Premier League TV Deal

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Posted

Leicester City news: Premier League TV deal bidding war can carry huge financial benefits

By Mercury_Sport  |  Posted: October 13, 2014

By Rob Tanner

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Leicester City could end up receiving up to £7 million per televised match

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The financial rewards for staying in the Premier League are set to soar as a new television broadcast deal could be worth £100 million per season to Leicester City, it has been estimated.

The record-breaking deal, which sees the rights to 41 percent of Premier League games divided between Sky and BT, who own five and two of the seven available packages respectively, is worth about £3 billion.

However, with the rights for the following three seasons going up for auction in the new year, a bidding war is being predicted by industry experts which could see the value of the packages reaching £4 billion.

If that level was to be reached, it could mean City could end up receiving a staggering £7 million per screened match.

 

Although the figures being discussed are estimations, they are based on the certainty the auction will see a huge bidding war between heavyweights Sky and BT, both of whom cannot afford to run less than 50 percent of the live coverage deal.

The resulting clash could see Sky having to double the £1.1 billion they paid for their current package, which includes the crown jewels of Super Sunday and Monday Night football.

Having paid about £1 billion for Champions League rights, BT cannot afford to lose their Premier League rights, which include the often less popular Saturday lunchtime games.

In fact, BT are expected to launch a major push for at least 50 per cent of the rights to rival Sky.

Ironically, both companies couldn’t provide their coverage without the other, as every line into every ground is owned by BT, which Sky utilise. Meanwhile, BT could not produce their broadcasts without Sky’s coverage platform. The BBC have rights to show Match of the Day and they are expected to try and secure those.

Amid the speculation, one thing certain, Leicester City will eventually be set for a financial windfall if they can stay in the Premier League.

Even if they fail, under the current deal with the new parachute payment structure agreed, promotion last season was estimated to be worth £120 million to City.

Inevitably, however, the greater cash outlay by the broadcast companies will mean customers will be hit by higher charges. So while City fans will see their club grow financially, it could cost them more to watch on TV.

Read more: http://www.leicestermercury.co.uk/Leicester-City-news-Premier-League-TV-deal/story-23138332-detail/story.html?#ixzz3G35fqYHm 

Follow us: @Leicester_Merc on Twitter | leicestermercury on Facebook

Read more at http://www.leicestermercury.co.uk/Leicester-City-news-Premier-League-TV-deal/story-23138332-detail/story.html?#y6HmlIj88pBEsF6E.99

Posted

Cameraman need's to invest in some trousers.

to be fair I like his not bothered, attitude to di maria laying 2 yards from him lol

Posted

For all the money that's chucked at the premier league you'd think it would be the best in the world by some margin

Posted

Good news, the game desperately needs more money. £3 billion gets barely noticed these days.

That's about 3 Cristiano Ronaldos right there.

Not one person in the picture is looking at Di Maria(?) :)

Love it that they chose that particular picture. Di Maria pushed right to the edge at the KP. :D

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