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SBD/June 7, 2013/Media
EPL Clubs Agree On New Media Access Rules; Weekly Player Availability Mandated
Published June 7, 2013
SHOW OF STRENGTH: REUTERS' Keith Weir reported lucrative new TV deals starting in August offer EPL clubs a "golden opportunity" to strengthen finances undermined by the vast sums they pay to players. A study by Deloitte showed that football is "increasingly prized by broadcasters seeking to drive pay TV audiences," and clubs in Germany and England "will start to enjoy the benefits of enhanced TV deals from August." Sales of rights around the globe "have inflated total TV revenues" for the EPL to an estimated US$8.6M over the next three years (REUTERS, 6/6). The PA's Martyn Ziegler reported EPL clubs will begin to receive an extra US$39M on average each year from the new TV contracts, and for most clubs "that could wipe out their losses." Relegated clubs will also receive up to US$94M in parachute payments. The Deloitte report predicts that "player wage costs will rise considerably with the new TV money coming in" -- but said that clubs "should keep that rise to respectable levels" (PA, 6/6).