web analytics
1 Comment

Hammers and PL expect longer TV repayment terms

West Ham – along with most other Premier League clubs – do not believe Sky or BT will demand immediate millions back from matches they were unable to be broadcast should the season be cancelled.

Instead – with clubs owing an estimated £726 million to the two broadcasters – they will expect an arrangement after talks aimed at paying it back in easy instalments as the League recovers from its financial problems post Covid 19

The money will be paid on a pro rata basis by club dependent on how many times they were due to appeal on either of the two channels.

With clubs having to cope with wage bills, based on pay deferrals, and with Hammers owners Gold and Sullivan putting £30 million into the Hammers in the form of a rights issue the future looks bleak – both at our club and across the game.

However, as is the case with summer transfers, the Hammers and most other clubs will have talks with the TV companies  looking to organise longer repayment terms on those unseen games.

A Hammers source told us on the ‘phone: “The broadcasters are very wealthy indeed but obviously need football for their ratings in a big way so there’s no point in hammering clubs for money they don’t have and killing the golden goose!”

Click Here for Comments >

About Hugh5outhon1895

Hugh Southon is a lifelong Iron and the founding editor of ClaretandHugh. He is a national newspaper journalist of many years experience and was Bobby Moore's 'ghost' writer during the great man's lifetime. He describes ClaretandHugh as "the Hammers daily newspaper!" Follow on Twitter @hughsouthon

One comment on “Hammers and PL expect longer TV repayment terms

  1. I am not sure in a court case they would be found in breach of contract for stopping the season due to Corona virus ? If they are deemed to owe money for the teams that survive this could be taken out of future seasons money couldn’t it ?

Comments are closed.