According to the Athletic Premier League executives have been told it will cost them £762 million in lost broadcast revenue if the 2019-20 season fails to finish due to the coronavirus,
They say the huge figure would be payable due to a breach of contract in terms agreed for domestic and international rights and was communicated to all 20 clubs during the crisis meeting at Premier League headquarters in London on Thursday morning. The suspension is understood to be costing Sky, one of the two main domestic broadcasters, huge amounts per day as they are not charging many sports customers and cannot attract the same in advertising.
The clubs receive broadcast money twice a year, in August and February, so only recently received the cash for the end of the season.
Some clubs are determined to get games played behind doors so they don’t lose the broadcast money, such is their vulnerable financial position.
The Prime Minister says we should have sent the virus packing in 12 weeks (19th. June) so sorted! We get to see the season out in the sunshine.