TV rights: Government allows top flight to roll over existing deal

Ealing Bee

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The Premier League has been granted government permission to roll over its existing domestic television deal with broadcasters for a further three years.

The new deal with Sky Sports, BT Sport, Amazon Prime Video and BBC Sport will run from 2022 to 2025.
The previous deal was worth £4.7bn.

The government granted an exclusion order under the Competition Act, allowing the league to renew without a normal tender process, as a "temporary measure" in response to the pandemic.

Clubs had been concerned that, after a 10% drop in value when the last rights deal was agreed in 2018, there would be a further downturn if the usual open-market auction was insisted upon.
Premier League TV rights deal approved
 

Simon C

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the opposite surely? If it had gone to an open-market auction they may well have offered less..
It's a gamble they didn't want to take, this is sanctioned collusion between the current parties who are happy to take the existing deals forward
 

jlove

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the opposite surely? If it had gone to an open-market auction they may well have offered less..
... and lost it to one of the many new pretenders.
 
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Ealing Bee

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Compare and contrast:

La Liga has been handed a boost after the league announced a cash injection of €2.7 billion ($3.2B) on Wednesday.

La Liga has agreed in principle to sell 10% of a newly formed company housing most of its business to private equity firm CVC Capital Partners.

It is a loan repayable over a significant number of years, but a source said the clubs are 'delighted' as it helps them out of a financial black hole caused by the coronavirus pandemic..

Another source suggested Barca... ... will receive over €250m based on the protocol for access to the funds, and have asked for the cheque to be made out to "Senor L. Messi"

Barca Messi boost as LaLiga strike €2.7bn deal


(I may have made a little bit of that up)
 
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