Alan Pardew had mentioned that the Premier League money will increase quite a bit earlier this season, and for the next three-year deal – from 2016-2019 – the money will be a lot more than it is for this current three-year deal that ends in 2016.
Mike Ashley – seems happy enough with new potential TV deal
The news is that in six months’ time, the Premier League will announce another record-breaking TV deal, and the Mirror is reporting today that TV companies could send the value of the next three year deal past £4B.
The current TV deal which started last year, is only slightly more than £3B (£3.02B).
The bidding is likely to start early next year, when the Premier League will put different packages up for sale and bids will be made for these packages.
The winners – and the amount of the deal – is expected to be announced by March or April of next year, and the deal will start with the 2016-2017 season.
The battle is again expected to be between Sky Sports and BT Sport, and if the overall figure does reach £4B it would mean each club could get more than £100M a season. ESPN is also expected to bid for packages.
So clubs who have owners who think football is only about money, will be heavily motivated to stay in the Premier League.
That’s why we think Mike Ashley – for once – will be ready to spend heavily if Newcastle are still in relegation trouble in January, and even if we are not – given what happened in the second half of last season – he may still want to strengthen the squad in any case.
Newcastle got about £79M last May for finishing in 10th place in the PL, so a rough estimate is that if the overall deal rises by 33% (from £3B to £4B) Newcastle would get around £105M with the new deal, for finishing around 10th place – that’s a rough estimate.
And the winner of the Premier League would get around £133M.
And that could even mean Newcastle may be able to afford a £10M player – if Ashley is in a good mood at the time and all the stars are aligned. 😀
The Premier League’s policy is that no one buyer can have all the packages of matches, and in the current agreement there are seven different packages of games – BT Sport have two and Sky have five.
Sky Sports have 116 matches and BT Sport have 38 matches per season.
Wonder how many Premier League managers will be fired this season, if it looks like their clubs could get relegated.
And with these potential new financial figures for the Premier League, forget about Mike Ashley selling Newcastle United to buy Rangers FC.
It’s not going to happen.
That’s good news for Rangers fans.
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