Premier League Clubs Fear Major Rebates To TV Companies

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Premier League Clubs Fear Major Rebates To TV Companies 

Post#1 » by RealGM Wiretap » Wed May 20, 2020 4:44 pm

Premier League clubs fear there will be substantial financial ramifications if broadcasters demand heavy refunds even if the season is canceled.

Clubs were told last week they will have to give between £300 million and £350 million back to television companies even if the 92 remaining matches are played. Broadcasters are due an extra £36 million in rebates for every week the 2019-20 season extends beyond July 16.

Full details of the rebate model will be presented to the 20 clubs when they hold their conference calls next Tuesday and Thursday.

Clubs are unhappy with the TV companies given they are prepared to grant broadcasters greater access and more live games when the season resumes.

The terms of the contract favors broadcasters. 

Via Jacob Steinberg/The Guardian

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