Tottenham and the other 19 Premier League clubs could be set to receive a huge financial windfall as a result of a three-way battle between American television giants for Premier League broadcasting rights, according to Football.London.
ESPN, CBS and NBC have been fighting it out to secure the rights to show English top-flight games in the USA from next season until 2028, with an agreement worth in excess of $2 billion (£1.48bn) set to be reached soon.
The figure is set to be worth more than double the negotiated £745 million fee shelled out by current broadcasters NBC in 2015, while a second round of bids are likely going to be tabled at some point this week.
The deal, which would be the largest overseas TV rights agreement ever, is said to have massively exceeded the initial expectations of club chiefs in the Premier League, who will now be ready to receive a significant cash boost worth up to £60 million.
The report from Football.London claims clubs would receive the figure in seasonal instalments of £10 million through the duration of the deal, which is penned to span across the next six full league campaigns.
It adds that there could be a figure of £300 million remaining from the projected £1.5bn pot, which could be shared to clubs as an ‘effective performance-related bonus’, which would likely take into account league positions at a campaign’s conclusion.
Spurs Web Opinion
This new rights deal will likely prove to be a big relief for many Premier League sides who have taken a hit as a result of the pandemic. It does seem eye-watering with the figures being passed around, but that is the extent of TV deals and football today.
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