Premier League clubs agree to UK TV deal renewal, avoiding auction

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The current arrangements are reported to be worth £4.5 billion. FMTNews

Arsenal’s Emile Smith Rowe celebrates after scoring his side’s opening goal against Chelsea yesterday.

Skipping the auction will be a relief to the league as revenues from football’s domestic broadcast rights deals were expected to fall across Europe’s top leagues this year due to a lack of competition between broadcasters. The new rights deals will include an additional £100 million in funding over the next four years that will go to teams in the lower leagues of the English football pyramid.

The value of the Premier League’s domestic broadcast rights had come down in 2018 from a high of £5.1 billion over three years to £4.5 billion for the current 2019-2022 cycle.

 

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