A report in the Athletic has revealed that Premier League clubs could lose out on as much as £762 million in broadcast revenue if the Premier League season is not completed.
The report reveals that the Premier League executives were told in the meeting on Thursday that it could cost them the aforementioned sum if they are unable to complete the season due to the coronavirus shutdown.
The huge figure comes about as a result of breach of contract terms that had been agreed for both domestic and international broadcasting rights.
Sky, for example, are said to be losing out on huge sums every day as they are not charging all of their sports customers and are therefore unable to attract the same ad revenue.
It is revealed that some clubs fear that they might not be able to pay their staff as they are heavily reliant on broadcast revenue.
Therefore, the clubs are said to be ready to play the remaining fixtures behind closed doors and to seal off training grounds to ensure the players remain protected from COVID-19.
The report goes on to assert that the Premier League remains 100 per cent committed to completing the season.
Spurs Web Opinion
I am glad that the priority at the moment seems to be for the current season to be completed. Apart from the financial problems clubs could potentially be hit with, for the sake of competitive integrity, the season must be played out. However, people’s health has to take precedence and so the Premier League have no choice but to wait and see how things pan out over the coming weeks and months.
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