Arsenal, Chelsea & Man United To Pay 519m Euros Bill Due To Coronavirus Impact

Posted by E.L.E.X on September 08 2020 under Sports









The Premier League teams that played in Europe last season, are set to pay a huge TV bill, as they continue to bear the impact of the coronavirus.

European Club Association (ECA) chairman, Andrea Agnelli, on Tuesday revealed that the continent’s biggest clubs and UEFA, have agreed to pay back up to £519million to its broadcast partners.

Liverpool, Chelsea, Arsenal, Tottenham, Manchester United, Manchester City and Wolves represented England in the Champions League and Europa League during the 2019/2020 campaign.

Along with the rest of Europe’s elite, they will now pay a huge rebate to TV companies.

Agnelli said:

“We have seen very important rebates to the principal broadcasters both at domestic level and at the international level.

“We have seen a £330million rebate in the Premier League, we have seen a downturn in the Bundesliga domestic rights of about €200million.

“We are in the process of finalising the account with UEFA with a reduction of around €575million (£519m) for the international club competitions, and that is all money that is normally distributed.”

The figure that each club will pay individually, will be a percentage of their total earnings from their respective campaigns.




YOU MAY ALSO LIKE

Related Posts Pictures

Deontay Wilder vows to "decapitate" Tyson Fury as he sends warning to him ahead of their trilogy fight (SEE DETAILS)

Related Posts Pictures

Community Shield: Atiku, Apostle Suleman React As Arsenal Defeat Liverpool

Related Posts Pictures

Big Blow For Juventus As Cristaino Ronaldo Is Out Due To Injury

Related Posts Pictures

Coach, Rohr Reveals Why He Dropped Kelechi Iheanacho From Super Eagles Squad

Related Posts Pictures

[Goals Highlight] Juventus 3 – 0 Atletico Madrid (Watch Here)

Comments


Add Comment

All fields are required!








Contact Us Picture

Are you interested in Advert placement | Promoting your Music or Video | Other Enquiries? We are always available to get that done for you without breaking a sweat. Send us a mail @ elextechnologies4@gmail.com | Call us @ 08132021949 | Message us via whatsapp @ 08132021949