Premier League's £3bn broadcast deal at risk due to Coronavirus
The £3billion television contract for the 2019/20 season can be completed by the end of July, failure to do so will lead to a breach of the Premier League's terms
The Premier League is in risk of breaching its broadcast contract and stand to lose handsomely should the season be void.
The £3billion television contract for the 2019/20 season can be completed by the end of July.
UK’s Sportsmail stated that under the terms of contracts signed with Sky Sports, BT Sport and overseas broadcasters, the Premier League are committed to delivering a completed fixture programme by July 31, with the contract for the next season kicking in on August 1.
With all 20 clubs having nine or 10 matches of their 38-game programme remaining, as much as £750million of income could be lost, which will lend urgency to the Premier League’s attempts to agree a timetable for restarting the season at a meeting scheduled for Thursday, the Mail reported.
For the moment broadcasters have held their peace as top flight matches have been put on temporary hiatus until April 4.
The obvious priority is for the Premier League to complete the season and to ensure broadcast rights fees are paid, despite dissent from some clubs who would prefer the campaign to be scrapped.