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Report: Premier League’s Project Restart could cost clubs UK£340m in TV money

Getty ImagesClubs in English soccer’s top-flight Premier League could be forced to pay the competition’s domestic and international broadcast partners as much as UK£340 million (US$416 million) in refunds even if the 2019/20 season is completed behind closed doors, according to BBC Sport. The British public service broadcaster says that refunds would be owed because games would not be staged as originally stated in the league’s broadcast contracts, with fixtures set to be played at different kick-off times and without fans in attendance. The figure is also reportedly likely to rise if the Premier League campaign cannot reach a conclusion. Richard Masters, the competition’s recently appointed permanent chief executive, has already warned that the league faces a loss of ‘at least’ UK£1 billion (US$1. 2 billion) if the current season is not completed. The news came as the Premier League, whose television rights commanded UK£9.

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https://www.sportspromedia.com/news/premier-league-project-restart-tv-money-refund-broadcasters

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