The Premier League said the new deal would provide financial certainty for clubs throughout professional football until at least 2029.
The Premier League blazoned on Monday it had agreed a record 6.7 billion pounds ($8.45 billion) domestic TV rights deal for a four- time period starting from the 2025/26 season. The current deal is reported to be worth around 5 billion pounds over a three- time cycle and covers 200 matches per season. The English top flight hailed the agreements participated between different broadcasters as the” largest sports media rights deals ever concluded in the UK”. Sky Sports and TNT Sports have retained their rights to show live matches, with Amazon, presently showing 20 matches per season, not part of the coming cycle.
Sky will screen a minimum of 215 live matches per season while TNT will broadcast 52. BBC Sport will continue to broadcast highlights via its Match of the Day programme.
A Saturday autumn knockout, designed to cover attendances in the lower leagues, will remain but for the first time all matches outside of those listed for 300 pm on Saturday will be screened live.
The Premier League boasted of a four percent increase in live rights value compared with the former process but the broadcasters will be paying significantly lower per game because they will be showing further matches each season.
“The outgrowth of this process underlines the strength of the Premier League,” said the Premier League’s principal superintendent, Richard Masters.
“It’s testament to our clubs, players and directors who continue to deliver the world’s most competitive football in full colosseums, and to sympathizers, who produce an unexampled atmosphere every week.”
He added” As longstanding and valued mates, Sky Sports and TNT Sports are famed for constantly delivering world- class content and programming.
“We’ve enjoyed record cult and attendances in recent seasons, and we know that their uninterrupted invention will drive further people to watch and follow the Premier League.”
The Premier League said the new deal would give fiscal certainty for clubs throughout professional football until at least 2029.
It’s the first Premier League tender process since 2018 as the current deal was rolled over in 2021 for an redundant three times due to the impact of the coronavirus epidemic.
The deal will maintain the huge fiscal advantage Premier League clubs enjoy over their European challengers thanks to far further economic domestic and transnational television rights deals.
International rights for the English top flight caught the value of domestic rights for the first time last time and are estimated to bring in5.3 billion pounds between 2022 and 2025.
The Premier League reckoned for 11 out of the top 20 clubs in this time’s Deloitte Football Money League, with titleholders Manchester City in top spot. Know More Latest Football News…