Got money problems? The Premier League does not seem to share that same issue with anyone at the moment.
As we all know, England’s top football league is one of the best around the world and one that many fans from around the planet continue to tune into each and every time a match is being played.
Whether it is because their favourite team or player is on, or they have a sports bet placed on the action from one of the betting sites that can be found here on betting-sites.ca, millions around the world will want to see the 20 best teams in England continue to compete.
Therefore, it should come as no surprise to learn that a number of broadcasters are determined to pay a premium to secure the rights to show it and then profit on it from the audiences that they broadcast to.
And, according to a report by Marca, it seems there is a huge windfall of money on its way to the Premier League coffers. It is reported that the league is close to securing a combined 11.6 billion euro deal to sell its TV rights for the period between 2022 and 2025 to domestic and foreign providers.
Premier League clubs will also be in line to receive a share of the money earned, with TV rights income thought to be increasing by around 1bn euros over the next three years.
It is claimed that there are a number of bidding wars taking place in places such as the USA and Australia by broadcasters who are desperate to hold the rights, thus making it potentially financially beneficial for the Prem.
In America, it is claimed that Disney, WarnerMedia and CBS are competing with NBC in the USA, while current right-owners Optus are facing a four-way bidding battle with Stan Sport, Paramount+ and Amazon in Australia.
beIN Sports face no such battle as it is claimed that they will keep the TV rights in the Middle East at a cost of 450m euros, whilst Canal+ has renewed its deal worth 300m euros that sees it being the rights holder for France, Slovakia and the Czech Republic.
Furthermore, deals with broadcasters such as Sky Italia (Italy), ELEVEN Sports (Portugal), Telenet (Belgium), Sky Deutschland (Germany) and DAZN (Spain) are already thought to have been done.
The Premier League’s rights in the UK come in at around 5.8bn euros as Sky Sports, BT Sport, Amazon and BBC continue to secure the rights, whilst the Nordic Entertainment Group (NENT) has paid 2.8bn euros to show the Premier League in Sweden, Denmark and Finland until 2028, whilst also purchasing a separate rights package that allows them to show the games in the Netherlands, Poland, Estonia, Lithuania and Latvia.