The Premier League has announced on Monday to the signing of a record deal with domestic television rights worth £6.7 billion ($8.45 billion) for a four-year period starting from the 2025/26 season.The present deal is around £5 billion which is over a three-year span for 200 matches per season.
The English top flight hailed the agreements shared between different broadcasters as the “largest sports media rights deals ever concluded in the UK”.Sky Sports and TNT Sports have shown consistency in showing matches as well as Amazon also showing 20 matches per season, which is not part of the next span. Sky sports would show a minimum of 215 live matches per season while TNT will show 52. BBC Sport will continue to broadcast highlights through its Match of the Day programme.
The Premier League has shown a remarkable four percent increase in live rights value than its previous records.
However, broadcasters will have to pay lesser per game following the fact more matches will be shown each season.
Although, Premier League’s Chief Executive; Richard Masters said that “the outcome of this process underlines the strength of the Premier League”.
“It is testament to our clubs, players and managers who continue to deliver the world’s most competitive football in full stadiums, and to supporters, who create an unrivalled atmosphere every week.”He added: “As longstanding and valued partners, Sky Sports and TNT Sports are renowned for consistently delivering world-class coverage and programming.
We have enjoyed record audiences and attendances in recent seasons, and we know that their continued innovation will drive more people to watch and follow the Premier League.
”The Premier League assured the availability of financial stability for all teams in professional football till 2029.This would be the first Premier League process.
The last time was in 2018 but the deal was negotiated in 2021 for an extra three years following the coronavirus pandemic.
Premier League clubs will get to enjoy the financial benefits if the deal is maintained as well as enjoy European competitors following the availability of more lucrative domestic and international TV rights deals.
The International rights for the English top flight overhauled the value of domestic rights for the first time last year estimated to bring in £5.3 billion between 2022 and 2025