• February 23, 2024

Premier League TV rights: Talks held over scrapping next auction

The current live TV rights are owned by Sky, BT and Amazon, while the BBC has shown Premier League games with fans unable to play during the pandemic

The Premier League has held talks with broadcasters to scrap their next national media rights auction.

The government is now considering approving a rollover of the current £ 4.7 billion deal.

Secured in 2018, This sale meant a 10% loss in value.

The clubs fear that there could be a further decline if the usual open market auction starts as planned next month for the three-year cycle between 2022 and 2025.

The value of rights for domestic leagues in Europe also appears to have peaked.

Talks have been held with the existing live rights holders Sky, BT and Amazon to extend their current contracts on similar terms.

Neither she nor the Premier League have commented on it.

However, a rollover is currently being considered on the basis that it will bring stability to all parties in the face of the uncertainties – and loss of game day revenue – created by the pandemic.

However, competing broadcasters can object to the denial of the right to bid and such a move would require government approval given competition law concerns.

Amid lingering anger in football over the failed recent attempt by the so-called “big six” Premier League clubs to create a European Super League, and a Fan-led review of the sport, It is understood that ministers will want assurances of reallocation of money during the game if they allow private sales of media rights.

For nearly 30 years, the huge appreciation of its broadcast rights has driven the transfer fees and player wages that have made the Premier League so popular. However, the league is under increasing pressure from the Football League to distribute more media revenue across the pyramid.

Last year the Premier League renounced a controversial pay-per-view System for games amid fan backlash, adding to concerns about viewers’ appetites for more live action.

Jack

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