EPL's Domestic, Global TV Rights Set To Top $7.9M Mark For First Time
Premier League football clubs are "in line for a huge hike in TV income from next season," according to Owen Gibson of the London GUARDIAN. Revenue from domestic and global TV rights deals are expected to top £5B ($7.9B) by the time the final overseas contracts are tied up next month. On top of the three-year, £3B ($4.7B) deal for domestic live rights with Sky and BT announced in June, and the £178M ($283M) deal from the BBC for Match of the Day highlights, the Premier League is "well on course" to improve on the £1.4B ($2.2B) it brought in from overseas broadcasters under the current deal. If total revenue breaks the £5B barrier as expected, the amount that the title-winning club receives from '13-14 is "likely to top £100M ($159M) for the first time." The existing TV deals, which run through the end of this season, "marked a huge increase in overseas income" from £650M for the previous three years to around £1.4B for '10-13. In total, the current deals are worth around £3.5B ($5.5B), meaning that the Premier League clubs are on course to "collectively achieve an uplift" of more than £500M ($794M) a year. Overseas income is "shared out on an equal basis between all 20 clubs," while income from domestic rights is "allocated according to a sliding scale based on league position and the number of appearances on TV" (GUARDIAN, 11/12).