Premier League TV deal, Brexit

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It is small compensation that the FA Premier League TV deal for 2019-2022, announced yesterday, wasn’t another 71% increase, like the last time. With two of the smaller packages still to be decided, this contract is roughly comparable with the current deal.

The encouraging sign, for those of us with our noses pressed against the window, is that Sky, who won four of the five packages awarded so far, reduced their price per game to £9.3m, down from £10.8m, committing a total of £3.579bn over three years.

BT, who paid less per game for the current deal than Sky, upped their price for their one successful package to £9.22m per game from £7.6m, committing a total of £885m.

The remaining two packages are to broadcast the entire league programme across two match days each, three of which will be midweek and one bank holiday fixture list. The Premier League hope to entice additional competition from Amazon and Facebook into this space, but it is far from certain these rights will attract significant value. Will 10 games broadcast simultaneously attract significantly more armchair fans than one major game? I’m not convinced.

My expectation is for the final domestic rights figure to slightly underperform the current deal. What the Premier League has in its favour is the value of the pound compared to the euro, dollar and pretty much any other currency of note.

Since the last international rights were agreed, the pound depreciated following the Brexit vote, so foreign TV companies get far more £s for their domestic currency. While this will support GBP denominated TV revenues, it could mask a softening of the underlying value.

It should be noted that Celtic also ‘win’ from the flag waving act of economic illiteracy that is Brexit, due to their Champions League euro denominated remits. One small ray of sunshine in a very overcast ‘sky’.

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306 Comments

  1. The signing that got me scratching my head is that of Compper! Ok we were unlucky he got injured in training, but he’s cup-tied in Europe and I cant see the sense in that. Its like we thought he won’t go through anyway. What if he hadn’t got injured and he had played really well up to now. We would still be faced with playing a 19 yr old in a very important game. Very shortsighted if you ask me.

  2. GLENDALYSTONSILS

     

    It’s £4m of season ticket money – they’re playing for time and banking :) on a share issue and their mug supporters

  3. a light insanity on

    Greenpinata :

     

    “When I see controversial billionaires such as George Soros pouring hundreds of thousands into nullifying the democratic vote, it raises my hackles.”

     

    I love irony – well done.

  4. I may be looking for a ticket for Sunday’s game for my son (to be confirmed). Ideally in the Jock Stein Upper stand but not necessarily there. If anyone would be able to make a ticket available, please email me at hrvarskijim@gmail.com

     

     

    Happy to pay face value/season ticket rate.

  5. Greetings. I have been out of circulation for a wee while. I received an email from thecelticstar.co.uk earlier. There is a certain amount of overlap between some of the stuff and whats here on CQN – Does anyone know if there is any formal relationship?

  6. GREENPINATA on 14TH FEBRUARY 2018 3:13 PM

     

    Paul 67,

     

     

     

    Like you I never voted for Brexit, however there was a vote, Armageddon hasn’t happened, nor will it.

     

     

     

    So let’s make the best of it and just get on with it.

     

     

    When I see controversial billionaires such as George Soros pouring hundreds of thousands into nullifying the democratic vote, it raises my hackles.

     

     

    HH

     

     

    ———

     

     

    The irony of that raising your hackles following a Brexit vote that was dependent upon the constant gaslighting by the right wing press owned by billionaire non-doms and politicians who stand to make personal £Ms while normal folk lose their jobs is ….well…..ironic

     

     

    HH jamesgang

  7. jamesgang

     

    all elections are funded by interested parties be it trades unions, big business or rich individuals. The EU referendum was no different.

     

    At the end of the day it’s the voters that make the decision – in the EU referendum 17.4m voted one way and 16.2 the other.

     

     

    Flawed democracy maybe but it’s all we’ve got

  8. Gene

     

     

    Gaslighting by a one sided media is at a 100 year high point. As is – not coincidentally imho – levels of nationalist rhetoric, bellicosity and disparity in the division of wealth.

     

     

    I’m not willing to shrug and accept it was always thus. The seat you’ve allocated for me for the handcart to hell will remain empty!

     

     

    ;-)

     

     

    Up the Rebs!

     

     

    HH jamesgang

  9. Sevco haven’t played a team sitting in the top six in Scotlands top division outside of a semi final of a major cup since they were formed in 2012.. the odds in that happening are now sitting at over a TRILLION to 1. No one see anything wrong with that ??

     

     

    @kerrydalemeltdown

  10. Jamesgang

     

    The seat you’ve allocated for me for the handcart to hell will remain empty!

     

     

    not sure where my post suggested this – I was just stating some facts on flawed democracy – or at least thet’s what I thought I was doing.

  11. Pleasure –

     

     

    Brief phone chat with the mad mental Inter supporting ole codger from down the valley – firming up tonight’s arrangement for him coming to dinner and then a watch of Real Madrid V PSG .

     

     

    Long enough for him to wax lyrically re how much he had enjoyed last night’s Rube 2 — Spurs 2 . – ” I went to bed like I had just shared a bath tub with Gina Lollobrigida ”

     

    Lucky old sun –

     

    https://youtu.be/GtHmHADuDcQ

  12. glendalystonsils on

    BOURNESOUPRECIPE

     

     

    a TRILLION to 1.

     

     

    About the same as them winning the Champions league ,or living within their means then?

  13. Forgot to mention that as well as the immense pleasure the old codger got from watching Rube blow a 2 goal lead he then got even more pleasure in the form of Allegri’s post match press conference meltdown .

  14. Jamesgang,

     

     

    I can’t imagine the likes of George Galloway or Dennis Skinner being swayed by any right wing media. Can you ?

     

     

    Just because we didn’t get the result we wanted in the democratic vote, doesn’t mean to say we should throw the dummy out the pram.

     

    You know what the alternatives are to ignoring the will of the people. It was an unnecessary gamble by a pathetic pm, but nevertheless we are where we are.

     

     

    HH.

     

     

    PS: Has economic growth projecions not been raised upwards ?

  15. “I have never had any problems with racism in my career before. This was new for me. I can’t play for a team whose supporters are giving me racist comments.”

     

     

    Esmael Goncalves opens up on the racial abuse that played a part in his decision to quit Hearts.

  16. Apologies to the blog for Brexit posts on the eve of a defining game: but blame Paul 67, he started it. :))

  17. jude2005 is Neil Lennon \o/ on

    IVE JUST HAD AN EMAIL FROM A BITCOIN TRADER TELLIN ME IVE GOT £4997.24 IN MY ACCOUNT. STRANGE THAT AS IVE NEVER PAID A DIME INTO IT.

  18. glendalystonsils on

    JUDE2005 IS NEIL LENNON \O/ on 14TH FEBRUARY 2018 5:32 PM

     

    IVE JUST HAD AN EMAIL FROM A BITCOIN TRADER TELLIN ME IVE GOT £4997.24 IN MY ACCOUNT. STRANGE THAT AS IVE NEVER PAID A DIME INTO IT.

     

     

    Why don’t you forward that email to Dave King ? It could be the answer to all his problems-))

     

     

    Moneyfurnuthin CSC

  19. Gene

     

     

    I was implying we were all going to hell in a handcart.

     

    Sorry, smiley ;-) thing needed.

     

     

    Greenpinata

     

     

    I am the dummy! I’m in my pram!

     

     

    No I can’t inagine these two left wing citizens being led or swayed by anyone.

     

    Between them, they have 2 votes at every election. They’re neither the solution nor the problem.

     

     

    Instead, relatively disadvantaged people were persuaded to blame their economic challenges on other economically challenged people from other parts of Europe.

     

     

    Sunderland voting to leave while being the Home of Nissan is a classic example of turkeys donning suicide vests.

     

     

    If the devil’s greatest trick was to persuade us he didn’t exist, it’s matched only by the super rich in their ability to pit the poor versus the poor.

     

     

    Despite this, I respect democracy….unless Auldheid is our benign dictator!

     

     

    HH jamesgang

  20. Enter stage right

     

     

    Not a pleasant walk with pooch

     

     

    Catman would expect it would be hospitality only