Premier League clubs are set to be forced into paying significant fees back to broadcasters – even if the season is able to be completed behind-closed-doors.
Talks are continuing over a safe return for the Premier League amid the ongoing coronavirus pandemic, with the government having provisionally given the green light for professional sport to be broadcast behind-closed-doors from June 1.
The division has been suspended indefinitely since mid-March, though the governing bodies and clubs have retained a commitment to concluding the current campaign if and when it is advised safe to do so.
Amongst the driving factors for resuming the Premier League season are the huge financial implications of cancelling the current campaign, with the representative clubs set to owe significant amounts of money to broadcasters should the season be unable to be completed.
According to the Guardian, however, Premier League clubs could still be forced to pay back ‘between £300m and £350m in broadcast revenues’ – even if the season is resumed behind-closed-doors – with several ‘penalties’ due to be repaid following the league’s failure to ‘fulfil particular obligations’.
The list of penalties Premier League clubs are facing ‘involve the delivery and the timing of the product’, with the season losing significant appeal give a lack of supporters in stadiums and any resumption of fixtures now set to take place over the summer months.
The representative clubs discussed the matter during a conference call on Monday, each side now aware they are likely to face substantial financial losses regardless of whether the season can resume safely next month.