English Premier League copyright price sets record of over 200 trillion VND
The English Premier League sets a new record for television copyright prices with a figure equivalent to over 200 trillion VND.
The Premier League has just completed negotiations for television rights in the UK with partners for the period 2025-2029. The world's most attractive football tournament will earn 6.7 billion pounds (equivalent to more than 200 trillion VND) from 3 major broadcasters within 4 years - a significant increase compared to the 5 billion pounds of the current period.
However, despite the huge sums of money involved, no British broadcaster has exclusive rights to broadcast all matches live during the season. British TV stations are bound by a rule that prohibits showing matches that take place at 3pm on Saturdays - a rule designed to ensure that British fans are physically present at the stadium to watch the matches.
English Premier League copyright price sets record of over 200 trillion VND
According to The Athletic, the total value of Premier League television rights packages in the UK market for the period 2022-2025 is 5 billion pounds. This figure is more than 25 times higher than in 1992 when the tournament was first established.
Previously, the Premier League's overseas rights were often cheaper than its domestic ones. However, from 2022, this trend will change. For the first time, the league will earn more in overseas rights (£5.05bn) than in domestic ones.
The revenue from television rights is divided among the clubs according to the number of matches each club has broadcast during the season. This is an important source of income for Premier League clubs and is the figure that makes the difference compared to other leagues.
The skyrocketing cash flow from television rights deals over the past 10 years is the reason why the Premier League has become the league with the most expensive player deals in Europe. The huge profits each season help the foggy teams completely surpass the spending power of other top leagues.