a
HomeBroadcastPremier League TV Rights Revenue To Exceed £10 Billion

Premier League TV Rights Revenue To Exceed £10 Billion

EPL Ball

Premier League TV Rights Revenue To Exceed £10 Billion

In a report published by The Times, the English Premier League’s TV rights from domestic and international broadcasters, along with commercial partnerships, will take the league’s revenue to over £10 billion (AUD$19 billion) over the next three seasons.

From 2022/23, the current rights will see the domestic TV rights deals exceed £5.1 billion (AUD$9.7 billion), while internationally, the Premier League will bring in £5.3 billion (AUD$10.08 billion).

The growth of international broadcast rights, which is expected to equal a 30% rise on previous deals, is a large driver of the revenue increase, with international broadcast partnerships to be worth more than the domestic rights deal for the first time in the league’s history.

These figures are expected to stay at this price until the end of the current deals in 2025 and are a reflection of the rapid global growth the game is experiencing, highlighted by NBC recently securing a six-year, £2 billion (AUD$3.72 billion) deal to broadcast the league in the US.

Outside of the broadcast rights, the league’s commercial partnerships are estimated to take the total past the £10.5 billion (AUD$19.9 billion) mark.

Due to the increased broadcast revenue, the 2022/23 Premier League champions will reportedly earn £176 million (AUD$334.8 million), a £33 million (AUD$62 million) increase on the current season.

This financial bumper will not only affect the champions, it will also see the bottom place side earn £106 million (AUD$206 million), a £9 million (AUD$17 million) increase on the current season.

The Premier League has also reportedly told clubs they can now engage in talks with the English Football Leagues (EFL) over solidarity and parachute payments for smaller clubs, after many recorded devastating financial loss due to the COVID-19 pandemic.

Share With:
Rate This Article
No Comments

Sorry, the comment form is closed at this time.