Premier League blows European leagues out of the water in US

December 29, 2023 Trending News

The Premier League is continuing its commanding lead in broadcasting revenue compared to other top European leagues. The English top flight recently agreed to a deal with Sky Sports/TNT for $8.45 billion to broadcast games domestically. However, the league also rakes in nearly $2.3 billion in foreign media rights as well.

A large chunk of this overseas money, $424 million, came from NBC/Peacock’s deal to broadcast Premier League matches in the United States. This is drastically different from current deals in place with LaLiga, Bundesliga, and Serie A. The Financial Times reports that the Premier League generates over $2.5 billion more in broadcasting revenues each season compared to LaLiga. The Spanish top flight is the closest competitor to the Premier League.

Here in the U.S., ESPN previously purchased LaLiga broadcasting rights in 2021 for $175 million annually. CBS Sports currently owns the exclusive rights to the Serie A in a deal worth around $75 million per year. ESPN also pays $30 million per year for exclusive Bundesliga rights, but this fee is set to rise.

Only Barca, Real make as much media money as the worst EPL clubs

To put the Premier League’s media dominance in perspective, a recently relegated English club made more broadcasting funds than champions of other European leagues. Norwich City, a team that finished bottom of the 2021/22 table, raked in more money than Bayern Munich, AC Milan, or Paris Saint-Germain. All three of these latter clubs won their respective titles that specific season. Norwich only managed to win five of their 38 league games on the year.

Looking into the statistics a little closer shows even more eye-opening figures. Out of all the top teams across Europe outside of England, only Barcelona and Real Madrid make more media money than the Premier League’s worst club. Other major clubs from the continent are dwarfed by these low-ranking English sides.

Money from United States, domestic deals…


Source link : https://worldsoccertalk.com/news/premier-league-blows-european-leagues-out-of-the-water-in-us-20231229-WST-480382.html

Author : Chris Moore

Publish date : 2023-12-29 21:43:37

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