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. RMA v PSG

     

     

    The most talented collection of cheating cheats ever assembled attempting to out cheat each other.

  2. Cristiano Ronaldo’s goals in the Champions League with Real Madrid:

     

     

    2009/10: 7

     

    2010/11: 6

     

    2011/12: 10

     

    2012/13: 12

     

    2013/14: 17

     

    2014/15: 10

     

    2015/16: 16

     

    2016/17: 12

     

    2017/18: 10

     

     

    TOTAL: 100

  3. Thanks for your generous response Philboy.

     

     

    Whatever you think manager has to get this team right. Don’t want another euro embarassment.

  4. Parkheadcumsalford.

     

     

    If you read the copy of JJ’s latest blog posted here earlier you will see that Fraser was the one guy on the SPL Board with strong reservations about the LNS Decision.

     

     

    I see from a Tweet that he was at a meeting in Aberdeen at weekend with SFA, subject unknown, but if they want a CEO candidate who showed some sign of ethical standards then the SFA (or indeed the SPFL) could start on the road to recovery by appointing him.

  5. In a statement on the club’s official website, a spokesperson said: “In relation to the recent report of racial abuse directed towards Isma Goncalves, Heart of Midlothian Football Club wishes to make it very clear that it abhors racism and any type of prejudicial abuse, and will not tolerate any incidence of such behavior.

     

     

    *Didn’t they also throw fruit including bananas, including one that hit him, at mark walters. In fact it was reported he was met with a “deluge of fruit”, contrasting with the “mild outburst of fruit throwing” a fortnight earlier. Not that this excuses our supports performance but it seems to be conveniently forgotten now that the precious calvinists were worse.

  6. 1 – 1 after 83 minutes then one off the knee and one off the calf and suddenly it’s 3-1.

     

     

    Funny ole game, Saint…

  7. Re the Basel and Porto home ties, the difference between the Haves and the Have Nots in the Champions League are becoming a travesty.

  8. THECELT45 on 14TH FEBRUARY 2018 9:27 PM

     

     

    Yet another school shooting here in US……so sad. What is it going to take to have some real gun control measures put in place?

     

     

    *After Sandy Hook nuthin

  9. Right, that game has whetted the appetite again. Can’t wait for tomorrow night. And just one more sleep.

     

    Be nice, now.

  10. Hello again all you young rebels.

     

     

    Haven’t read back much this week, very busy with all thats

     

    happening at our local soccer club, but it’s a big game tomorrow

     

    night in a european competition and it’s one i personally would

     

    like to win just to complete the set, so to speak, but have we got

     

    the cojonies to achieve that? well i believe when we are all as one

     

    fans and team anything is achievable, so lets put all the other guff

     

    behind us for 90 mins. and show the world this is what it’s like at

     

    Celtic football club.

     

    Oz Tims

     

    Another lovely day expected this Sun, for our big Celtic gathering,

     

    upstairs in the Bay hotel ( Publican ) is undergoing further renovation

     

    so we will meet at the downstairs bar for our usual day of singing,

     

    dancing, raffles etc. and the music supplied by our resident rebel

     

    big Richie Mckay k.o. at 2 and finish when you can’t buy me and Paddy

     

    anymore Guinness 8-))

     

    Wonder if there building a new dance floor up there for us to do our

     

    Chattanooga choo choo ?

     

    H.H Mick

  11. Celtic Champs Elect on

    That was a master class in a referee cheating in fact I would go as far to say he makes Dallas Hugh seem fair. FFS I can’t believe that ref In the PSG game absolutely shocking

  12. THECELT45 on 14TH FEBRUARY 2018 9:27 PM

     

     

     

    Yet another school shooting here in US……so sad. What is it going to take to have some real gun control measures put in place?

     

     

    The 19th shooting in a US school since 1st January….

  13. GENE on 14TH FEBRUARY 2018 4:19 PM

     

    jamesgang

     

     

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

     

     

    *Hmmm it is no secret that Robert Mercer was a major financial supporter of the 2016 presidential campaign of Ted Cruz, and when he didnae pan out he jumped on the trumpet bandwagon. Both he and his daughter played a role in the elevation of Bannon and Kellyanne Conway into senior roles in the trumpet campaign, even though they have now dumped the former.

     

     

    Mercer was also an activist in Brexit, the communications director of Leave.EU, said that Mercer donated the services of data analytics firm Cambridge Analytica to Farage.

     

     

    The firm was able to advise Leave.EU through its ability to harvest data from people’s Facebook profiles in order to target them with individualized persuasive messages to vote for Brexit. However, Leave.EU did not inform the UK electoral commission of the donation despite the fact that a law demands that all donations valued over £7,500 must be reported.

     

     

    What has a septic tank computer scientist and hedge fund manager have to gain from Britain leaving Europe, as Robert Plant would say “ooh, it makes me wonder”.

  14. The Hands Can’t Hit.

     

     

    Of course if the players we could sign for less than £10m, let’s say £5m, did not have the opportunity to go to England at 3 times the wages we could offer, other countries would be fertile territory, especially if clubs everywhere else with bigger budgets than us had no scouts tipping them the wink.

     

     

    It’s not the transfer fee that sways a player, it’s the wages and Celtic are not wage competetive for the quality of player that makes a difference. If he is that good other clubs will sign him.

     

     

    It’s a European if not global market for players and wages are driven up by those able to spend over the odds because of TV money they do not have to work hard to earn. Paying over the odds is of little concern if they are assured of more of the same easy income (as long as they are not relegated which itself drives up the wages they are prepared to offer.)

     

     

    I’m leaving my case now as you seem unwilling to accept it’s economics that dictate our policy, and when that is put in print by a club that knows how difficult it is to find the players you criticise them for not recruiting, you dismiss it because you apparently know better.

  15. mike in toronto on

    C45/Bada

     

     

    You look at the example of Australia …. for (i) the impact of gun control legislation, and (ii) the power of the NRA …

     

     

    “The number of mass shootings in Australia—defined as incidents in which a gunman killed five or more people other than himself, which is notably a higher casualty count than is generally applied for tallying mass shootings in the U.S.—dropped from 13 in the 18-year period before 1996 to zero after the Port Arthur massacre. Between 1995 and 2006, gun-related homicides and suicides in the country dropped by 59 percent and 65 percent, respectively, though these declines appear to have since leveled off. Two academics who have studied the impact of the reform initiative estimate that the gun-buyback program saves at least 200 lives each year, according to The New York Times.

     

     

    In spite of this, there has been a push (funded in part by the NRA, and its affiliates) to repeal these measures, sometimes successfully … Four of Australia’s six states have eased rules mandating the 28-day waiting period between applying to buy a gun and purchasing it. There are estimated to be as many guns in Australia now as there were at the time of the Port Arthur massacre—though the level of gun violence is not comparable.”

     

     

    Boggles the mind.

  16. Celtic Champs Elect

     

     

    Absolutely correct re the referring in Real Madrid v PSG game….. a homer all day long.

  17. An “interesting “Ref in Madrid.Kroos was offside before the generous penalty. Ramos ?-penalty !!!!