Premier League clubs to benefit from a now made public £6.5bn windfall – Cash update | OneFootball

The twenty Premier League clubs met in London on Friday.

This meeting saw a number of issues needing to be discussed and if necessary, voted on.

No surprise that most/all of the focus from the media, was the vote on amendments to the rules governing Associated Party Transactions.

With 14 Premier League clubs needed to carry the vote, in the end it was carried by sixteen votes to four (see report HERE). The four who voted against agreeing these amendments, were Manchester City, Nottingham Forest, Aston Villa and Newcastle United.

However, at this meeting of the Premier League clubs, there were other important issues discussed and voted on.

We have now had The Times make public what is happening with the next set of TV rights deals.

The current three year deals conclude at the end of this season, running from 2022 to 2025. The new deals will cover 2025 to 2028.

The Times lead with the headline of ‘Elite clubs set for £6.5bn overseas TV rights windfall.’

This is in reference to the money from overseas TV rights around the world for Premier League clubs.

That figure covering the next three seasons rising by 23 percent on the current three year deal, bringing in a total of £6.5billion for Premier League clubs across the three years (2025-2028).

The money from the overseas TV rights now far exceeding the domestic rights.

However, they have increased as well and when everything is totalled up, the next three seasons from 2025-2028 will bring in a total of £12.25billion, which sees a rise of 17 percent on the current deal.

So what will happen with this money?

Will it just flow out the other end in even higher wages and transfer fees and/or into the pockets of those who own the Premier League clubs?

Reacting to news of all this extra cash flowing in, one of the big questions will be, how can the Premier League clubs justify the ever rising ticket prices?

Indeed, surely if all the extra cash is going to be pouring in, shouldn’t the paying fans also benefit from it and see ticket prices actually reduced…?

The Times report – 22 November 2024:

‘Elite clubs set for £6.5bn overseas TV rights windfall

Meanwhile the top Premier League clubs will get even richer over the next three seasons after it was confirmed that the value of overseas TV rights has far outstripped domestic deals.

Overseas deals from 2025 to 2028 will bring in £6.5billion, a 23 per cent rise on 2022 to 2025. That will result in the Premier League’s total income, including £5million from domestic rights and commercial income, reaching £12.25billion, a 17 per cent uplift.

The revenue figure was confirmed at the Premier League shareholders’ meeting, during which clubs signed off another increased-value overseas TV deal for countries in southeast Asia and the Pacific region.

It should result in the club that finishes top earning about £25million more a season, with the distribution then on a sliding scale down to an extra £9million for the club finishing bottom, meaning that in TV money alone the champions could earn £200million.

Under a change to the financial distribution rules brought into the Premier League in 2019, the top clubs benefit most. Half the money from any increase in total overseas rights is now distributed according to where a club finishes in the league table. There is a maximum limit that prevents the top club from earning more than 1.8 times the sum the bottom club receives in Premier League TV money.’