Published 18:13 IST, March 31st 2020
Premier League could resume season in May to avoid $929 million broadcast revenue losses
The Premier League season could resume in May in order for clubs to avoid a £750 million ($929 million) fine towards the broadcasters for the incomplete season.
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wait for Premier League return might end in May as clubs in top flight may try to avoid £750 million ($929 million) TV refund towards broadcasters. Premier League broadcasters could receive a staggering £750 million ($929 million) from clubs in top flight if coronavirus lockdown threatens to cut short season. A possible Premier League return, refore, could be expected as early as May given that Premier League clubs would want to keep funds amongst mselves rar than pay off Premier League broadcasters.
ALSO READ: Coronavirus In UK: Newcastle Becomes First PL Club To Lay Off Staff Amid COVID-19 Lockdown
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Premier League return: How do Premier League broadcasters benefit?
Premier League broadcasters including Sky Sports and BT Sport have a three-year contract with Premier League. contract for Premier League broadcasters is reportedly worth £3 billion ($3.72 billion) per season. However, due to lack of games in Premier League following outbreak of coronavirus in UK, two broadcasters have taken a massive hit with lack of subscribers. Failure to complete season, which includes remaining 92 games, before July 31 could mean that Premier League teams will have to pay a collective £750 million ($929 million) fine to broadcasters.
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Premier League return: Premier League players with coronavirus
Although a Premier League return could be on cards, FA insisted that re will be games played at least until April 30 following outbreak of coronavirus in UK. Fans have been optimistic over a possible Premier League return which could take place in May. However, reports of a Premier League return has sparked news that season could be completed behind closed doors by July 16. This would also allow clubs to keep ir money which was supposed to end up in pockets of Premier League broadcasters if season does t come to a close.
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Premier League players with coronavirus: Coronavirus in UK
Arsenal boss Mikel Arteta became first member in Premier League to test positive for coronavirus. Callum Hudson Odoi became first one of Premier League players with coronavirus but Chelsea winger has since recovered. Three Leicester City players showed symptoms of coronavirus and were put into quarantine immediately reafter.
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18:13 IST, March 31st 2020