CLUBS SET TO RAKE IN £100M

Pre­mier telly deal boost

The Football League Paper - - NEWS - By Tom Black­ett

THE Foot­ball League have pre­dicted that their clubs could pick up more than £100m per sea­son fol­low­ing the Pre­mier League’s mam­moth TV deal.

The foot­ball world was left as­ton­ished when the Pre­mier League’s do­mes­tic rights were auc­tioned off for £5.14bil­lion last week.

There is set to be a knockon ben­e­fit for the 72-strong Foot­ball League with parachute pay­ments, de­signed to help clubs with big wage bills ad­just to life in the Cham­pi­onship if they are rel­e­gated, and sol­i­dar­ity pay­ments set to rise.

Agree­ment

Foot­ball League clubs met at St Ge­orge’s Park, near Bur­ton, on Thurs­day to con­clude a new agree­ment with the Pre­mier League from the 2016-17 sea­son.

It pro­vides the first con­tracted link be­tween the broad­cast­ing rev­enues of the two do­mes­tic pro­fes­sional leagues since the for­ma­tion of the Pre­mier League in 1992.

Parachute pay­ments to rel­e­gated Pre­mier League clubs will be re­duced from the cur­rent four sea­sons to three, with Cham­pi­onship clubs (that don’t get parachute pay­ments) be­ing awarded a sol­i­dar­ity pay­ment equiv­a­lent to 30% of a third-year parachute pay­ment. League One and League Two clubs will re­ceive 4.5 and 3 per cent of a third-year pay­ment.

Foot­ball League chief ex­ec­u­tive Shaun Har­vey said: “The even­tual level of parachute and sol­i­dar­ity pay­ments made to Foot­ball League clubs from 2016-17 will only be known once the Pre­mier League has con­cluded the sale of its over­seas rights.

“Nev­er­the­less, given the scale of its do­mes­tic agree­ment, it seems rea­son­able to ex­pect that the even­tual amounts paid to Foot­ball League clubs will be sub­stan­tially greater than those we’ve seen pre­vi­ously and could amount to more than £100m per sea­son.

"This agree­ment is hugely sig­nif­i­cant for the do­mes­tic game, not just for the Foot­ball League, but also the Pre­mier League and the Eng­land team, both of which ben­e­fit from a vi­brant and fi­nan­cially sus­tain­able set of clubs be­neath the top di­vi­sion that will con­tinue to in­vest in the play­ers and man­agers of the fu­ture."

Cur­rent sol­i­dar­ity pay­ments to Foot­ball League clubs, to the end of 2015-16, are: Cham­pi­onship £2.3m, League One £360,000 and League Two £240,000. Cur­rent third year parachute pay­ments are £10m.

Mean­while, the Foot­ball League and Sky Sports have agreed a fur­ther one-sea­son ex­ten­sion to their ex­ist­ing do­mes­tic broad­cast­ing agree­ment cov­er­ing the 2018-19 sea­son, with the League also hav­ing an op­tion to ex­tend the ar­range­ment into 2019-20.

PIC­TURE: Ac­tion Images

TV TIMES: League clubs to cash in

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