An “agreement in principle” was given by the British government on Thursday to maintain for the period 2022 to 2025, the current Premier League broadcast contract, for a total amount estimated at 5.2 billion euros. The agreement aims to help all of British football, which is hard hit by the current crisis caused by the health context.
The British government on Thursday gave its “agreement in principle” for the renewal without a call for tenders of the agreement on the broadcasting rights of the Premier League for the period 2022 to 2025, for an amount estimated at 5.2 billion d ‘euros.
“Premier League clubs have unanimously accepted the proposal to renew for three years the agreement to broadcast live and replay of the league matches with Sky Sports, BT Sport, Amazon Prime Video and BBC Sport,” explains the Premier League in a statement. This decision “follows the agreement in principle given by the government to this renewal”, explains the organizer of the English championship, which also indicates that the renewal is made “on the same overall value as the current arrangement “.
English football hard hit by the covid crisis
The tendering process for the next three-year period was to begin in the coming weeks. But in a letter to Premier League boss Richard Masters, Culture, Media and Sports Minister Oliver Dowden and Business Minister Kwasi Kwarteng said “they are in favor of granting an exemption” specialization in Competition Law.
The move came as English football has been hit hard by the Covid crisis, especially in the lower divisions, more dependent on the presence of supporters in the stadiums. It aims to “facilitate the respect of the commitments of the Premier League vis-à-vis the football pyramid”, underline the ministers.
The elite of English football have indeed pledged to maintain the 1.5 billion pounds (1.75 billion euros) paid to the lower divisions over the next three years and to add at least 100 M GBP (116 million euros) “intended for the football sectors most vulnerable to the impact of Covid-19”. “We are immensely grateful for the agreement in principle given by the government and for their continued support for the Premier League and English football,” Masters said in the Premier League statement.
“The Covid-19 has had a big impact on football and the renewal with our UK broadcast partners will reduce uncertainties, create stability and encourage confidence across the entire English football pyramid,” he added. He even hopes for a beneficial effect on “the wider industry (of football), on employment and tax revenues”.