Premier Leagues new TV deal nets €150,000 a minute
The Premier League’s new TV deal will net more than €150,000 a minute — a staggering 70% increase in the value of its British television rights for the 2016-19 seasons, with Sky and BT Sports paying a combined £5.136 billion (€6.92 billion) to show games reports the Irish Examiner.
The sports networks will be paying more than £10m (€13m) for each each game.
Premier League chief executive Richard Scudamore tells the BBC the deal makes the clubs more competitive. And that with the deal netting €150,000 a minute there’s gonna be a push to keep the stadiums filled.
The Premier League’s total television deal could exceed £8bn (€10.7bn) when the overseas rights are completed in a year’s time, leaving the global game in its wake.
Sky has almost doubled its investment to retain five of the seven packages totalling 126 matches including the new Friday night slot, while BT Sport has two packages making up 42 games.
Related:
New TV deal worth €150,000 a minute
Premier League Website
Millennial Monitor, Washington, DC Copyright 2015 Millennial Monitor. All rights reserved.