Report – Premier League Signs Massive TV Rights Deal In China


There is news being reported by Bloomberg that the English Premier League are taking full advantage of the growing popularity of football in China.

They are reporting that the Premier League have signed a three year deal TV rights deal, worth around $650M, which is around £528M using today’s exchange rate – and will go into effect in 2019.

xi-jingping

Chinese Premier Xi Jingping – pushing football

Here are some specifics of the Bloomberg report:

“The English Premier League has cashed in on a boom in the sport in China by signing a three-year television contract worth more than $650M.”

“The deal is with digital broadcaster PPTV, a unit of Suning Holdings Co, according to the person, who asked not to be identified because the terms are private.”

“The agreement is worth about 12 times more than the current accord for TV rights in China and starts with the 2019-20 season.”

This was significantly helped by President Xi Jinping’s push that China can build a huge sports economy around football.

And this is another example of how the Premier League is becoming hugely popular around the world and if you are not in the Premier League in England it seems you are a second class football club.

But with all the money the Premier League gets now,  it also is having a negative effect, and two of those are driving up transfer prices around the world and the players’ wages too.

Bloomberg reports there was huge competition in China for the contract, which is why the price ended up so high and it’s the third highest for Premier League Football rights worldwide, behind only the UK and the US.

Last year NBC Sports in the US secured the PL rights deal through the year 2022, so successful has the league been in the US and they are able to stream every single PL game live.

So people in the US can see every single one of their team’s 38 PL games live.

That’s not possible when Newcastle are in the Championship however.

🙁

Now the obvious – even more reason why Newcastle United need to get back to the Premier League, since that’s where all the money is – and we’ll need big money to bring in world-class players.

Rafa will need players of that caliber if we are going to win some trophies in the future, which is what Rafa wants to do at Newcastle.

And that’s one more reason we have to beat Leeds United on Sunday!

🙂

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Comments welcome.

Here is the full Bloomberg report.



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53 comments so far

  • Jib

    Nov 18, 2016 at 4:55 PM

    Comment #1

    I liked the comment on one of the blogs I read.

    There’s no chance of Yedlin getting struck by a coin in Yorkshire !

    😀

    0
  • Essex Geordie Bill

    Nov 18, 2016 at 5:18 PM

    Comment #2

    1044 people think we will not win.

    Faint hearts or phonies, whats the answer?

    0
  • Novocastrian66

    Nov 18, 2016 at 5:24 PM

    Comment #3

    Essex; I went for a draw for the simple reason that I think we cannot keep winning.

    0
  • Jib

    Nov 18, 2016 at 5:36 PM

    Comment #4

    I hope I haven’t offended any Yorky mags by inferring they are skinflints !

    0
  • Jib

    Nov 18, 2016 at 5:43 PM

    Comment #5

    Anybody tried those 5 litre kegs from the supermarkets ?
    I’m drinking Wychwood Hobgoblin and it’s cock on !

    0
  • lesh

    Nov 18, 2016 at 6:01 PM

    Comment #6

    Jail

    I don’t know (who the ‘usual suspects’ are. And who the certain someone (my favourite poster) calling you a retard, I haven’t a clue who that might be.

    There are one or two who post on here whose contributions range from wise to amusing to crass to provocative – depending on their moods……. Or the amount of whatever that affects him/ them’s been imbibed.

    Jib, Hobgoblin’s a pleasant and efficacious drink so you’ll doubtless be more talkative as the hours pass. Let’s hope that your fellow posters enjoy your contributions. And, no getting at them!

    0
  • giimps

    Nov 18, 2016 at 6:07 PM

    Comment #7

    Jib,
    skinflints i wouldnt agree with….more “careful” with their money……or at least the ones I know are

    0
  • Jib

    Nov 18, 2016 at 6:12 PM

    Comment #8

    glimps
    exactly
    they certainly wouldn’t use a 50p piece to injure anyone – thats half the price of a tin of beans (from poundsavers ) ffs

    0
  • Jib

    Nov 18, 2016 at 6:22 PM

    Comment #9

    I’ve never wanted agent Bruce to win a game before.
    However Villa getting an away win at the Amex Stadium tonight would be lush.
    In fact it would be
    GEET LUSH

    0
  • Jail for Ashley

    Nov 18, 2016 at 6:27 PM

    Comment #10

    lesh,
    Ask Jib who the usual suspects are, he might not bury his head in the sand if his biggest fan asks him. Jib has labelled or grouped certain posters as usual suspects, we have witnessed an alarming decline in posters since this hate campaign began.

    0
  • welshgeordie9

    Nov 18, 2016 at 6:28 PM

    Comment #11

    How can people say they don’t rate monk when he wasn’t there long enough as a manger.

    0
  • sing in the corner

    Nov 18, 2016 at 6:35 PM

    Comment #12

    Jail@10
    Are you being serious? (I can’t always tell)

    0
  • Tsunki

    Nov 18, 2016 at 6:37 PM

    Comment #13

    Where do you enrol to be a Usual Suspect? Am I in the right place ?

    0
  • Oldgit1

    Nov 18, 2016 at 6:38 PM

    Comment #14

    @ JFA =. I was called a w@nker by your mate AC. Pity he doesn’t leave this site, I don’t approve with abuse of any kind. The people who have left will not be missed with topics being purely football. I don’t what to read arguments when I get onto this site.

    0
  • Jib

    Nov 18, 2016 at 6:39 PM

    Comment #15

    welshie
    Fair point
    Also people ignore the fact he’s a young guy who is learning and changing all the time he’s only 37 ffs !

    0
  • Tsunki

    Nov 18, 2016 at 6:39 PM

    Comment #16

    Jail hang on that can’t be right – I was reliably informed that the silent majority would roll over the blog in a tsunami stylee now the bullying has ended!

    0
  • Essex Geordie Bill

    Nov 18, 2016 at 6:45 PM

    Comment #17

    Welsh

    If he is there as a manger, it’s certainly the right time of year for him. 🙂

    Sorry couldn’t resist.

    0
  • sing in the corner

    Nov 18, 2016 at 6:47 PM

    Comment #18

    Essex
    Come on man, that one was barn door obvious.

    0
  • Essex Geordie Bill

    Nov 18, 2016 at 6:48 PM

    Comment #19

    And My Rafa (all hail him) bingo will be posted
    .
    .
    .
    .
    .
    .
    .
    .
    Saturday night or Sunday morning.

    0
  • Essex Geordie Bill

    Nov 18, 2016 at 6:49 PM

    Comment #20

    Sing

    I know, I can be really sad at times. 😉

    0
  • welshgeordie9

    Nov 18, 2016 at 6:53 PM

    Comment #21

    Monk will have all the Leeds players up for the match, I take a draw against them any day of the week.

    0
  • sing in the corner

    Nov 18, 2016 at 6:53 PM

    Comment #22

    BARN door…

    🙁 Myyrh

    0
  • Essex Geordie Bill

    Nov 18, 2016 at 6:53 PM

    Comment #23

    Getting to be a real who-dunnit blog.

    And the usual suspects are, dunn dunn dunn, it was

    Aaaaaaaaaaaaargh, it’s always him.

    0
  • Essex Geordie Bill

    Nov 18, 2016 at 6:55 PM

    Comment #24

    Thats making any sense frank!! 🙂

    0
  • sing in the corner

    Nov 18, 2016 at 6:56 PM

    Comment #25

    Not long til we take on Dirty Leeds.
    Tough one, I too think it might be a rare draw for us, which wouldn’t be a bad result at all.

    0
  • welshgeordie9

    Nov 18, 2016 at 6:57 PM

    Comment #27

    Plus Leeds have got ex swans player who was quality down at Liberty stadium.

    Pablo Hernandez.

    0
  • Essex Geordie Bill

    Nov 18, 2016 at 6:57 PM

    Comment #28

    ‘not’

    0
  • Jib

    Nov 18, 2016 at 6:58 PM

    Comment #29

    Gold Franckensense and Earphones

    0
  • welshgeordie9

    Nov 18, 2016 at 6:58 PM

    Comment #30

    Over the years it’s been a close match between them in the premier league.

    0
  • Essex Geordie Bill

    Nov 18, 2016 at 6:58 PM

    Comment #31

    Welsh I think he’s out injured.

    0
  • Jib

    Nov 18, 2016 at 7:02 PM

    Comment #32

    Welshie
    Hernandez came from Valencia and is a huge Rafa fan.
    Don’t be surprised if ……………

    0
  • Essex Geordie Bill

    Nov 18, 2016 at 7:02 PM

    Comment #33

    Jib

    Now you’re being silly, have you seen what they used as earphones in those day.

    Cow horns, the little guy would look a bit strange with them sticking out of his ears.

    0
  • sing in the corner

    Nov 18, 2016 at 7:05 PM

    Comment #34

    I know we should be wanting Villa to get a result against Brighton as they are our nearest rivals, but I can’t stand villa and their fans are total nobbers.

    0
  • Jib

    Nov 18, 2016 at 7:07 PM

    Comment #35

    sing in the corner
    It’s called pragmatism
    Pretend you are Donald Trump talking to Vladimir Putin

    0
  • sing in the corner

    Nov 18, 2016 at 7:07 PM

    Comment #36

    I also know that it’s cold, and it’s still a while to kick off .. But looking at Sky the Amex is almost completely empty!

    0
  • Jib

    Nov 18, 2016 at 7:09 PM

    Comment #37

    nobbers
    is spelled
    knobbers
    btw

    0
  • WWSBRD

    Nov 18, 2016 at 7:11 PM

    Comment #38

    welsh
    How long does Monk have to manage a team for before I can say I dont rate him? Carver didnt manage us for very long, suppose we shouldn’t of judged him either?

    0
  • Jib

    Nov 18, 2016 at 7:11 PM

    Comment #39

    sing in the corner
    That interview was done thisafter

    0
  • Jail for Ashley

    Nov 18, 2016 at 7:15 PM

    Comment #40

    sitc,
    I am being entirely serious. The blog has not been the same since jeff from benwell and all those multiple trolls picked out their usual suspects and almost faused a shut down. Like the lickspittle lesh says though, who are the actual usual suspects?

    0

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