Why the Premier League should ditch the £5m TV deal

Energy geeks have been asking the Premier league for years why it should stop paying a fee for a television rights deal.

But with Premier League clubs facing mounting financial pressures, the money could soon be up for grabs. 

The league is due to unveil its financial results for the financial year to 31 March next year, which will be published later this month.

However, with the current financial situation the Premier Leagues Financial Fair Play Plan is a huge incentive for clubs to look at their financials, which can have a knock-on effect on how much they pay for the right to televise games. 

Premier League chief executive Richard Scudamore told BBC Sport: “It’s not the first time that Premier League players have made their voices heard about the need to improve the financial situation for all of us, but I think we have to recognise that we are in a very tough financial position.”

The Premier League has to look for ways to improve our finances.

We are at a time where it’s just a matter of time until it starts to affect us, and if we are to stay relevant in the future we have got to find ways of improving our finances.

“The Premier Leages Financial Fair play plan, published in 2015, is aimed at ensuring the Premier leagues finances are sustainable for the long term.

It is also a major incentive for teams to take part in competitions and provide better support to their supporters. 

According to the plan, clubs that have a financial surplus are able to use this money to pay for fans to travel, attend matches, purchase tickets, buy merchandise and so on. 

However, the Premiers Financial FairPlay Plan has a number of limitations. 

If clubs can achieve a net revenue surplus for the current season, they will receive a bigger share of the revenue pie than clubs with a deficit of less than £1 million. 

When it comes to how clubs use the money they have to make up, clubs must also abide by the Financial Fairplay Guidelines. “

In reality, the financial fair play rules are not set up for a profit-making club to make money, it’s designed to protect the Premier clubs financial health,” said Scudamp. 

When it comes to how clubs use the money they have to make up, clubs must also abide by the Financial Fairplay Guidelines. 

These rules aim to help clubs pay down debt and increase their revenue by reducing interest payments and raising wages. 

One of the biggest challenges for the Premier leagues financial fairplay plan is that there is currently no mechanism for clubs that fail to comply with the guidelines to be compensated, even if they are found to have breached the rules. 

So, in the end, what does it mean for football clubs? 

The Premier leaguers plan is meant to help keep clubs competitive in the global market, while also ensuring clubs can continue to provide their fans with the best possible football experience. 

What are the main financial goals the Premierleagues plan sets out? 

“The financial fair aim is to provide clubs with financial stability in order to ensure that they can invest in their communities and build up their brand in order for fans and supporters to continue to enjoy the best football experience in the Premier and international markets,” said the PremierLeagues plan. 

Do Premier Leaguers have the money to do this? 

Football Leagues clubs can only use a certain amount of their revenue in order not to breach financial fairplays guidelines. 

This means, for example, a club could only use up to 25% of their money for a financial year. 

It also means that a club that has a financial deficit of more than £10 million can use this revenue to pay off debts, fund stadium upgrades and pay players and staff salaries. 

Why does Premier League want to change the rules? 

According the Premieragues plan, the Financial Leagues plan is designed to be a sustainable way to help football clubs. 

A financial fair deal means that clubs can spend money on player development, training facilities, coaching and developing their brand, as well as investing in their community. 

While the PremierLeague has previously agreed to cut the number of home matches by at least 25% and increase the number from 40 to 80 in order reduce ticket prices, it does not agree to any changes to the financial arrangements of Premier League football clubs to increase their financial balance. 

Who is involved in the plan? 

There are around 120 clubs in the top flight of English football, with 18 of them participating in the Financial League. 

How much money will the Premierleague spend on football over the next three years? 

It is estimated that the PremierLines Financial Fair spend plan will be worth between £1.1 billion and £1 billion in the coming financial year, based on figures released by the Premierladies Financial Fair Spend Plan. 

As the PremierLEAGS Financial Fair Spending Plan has not yet been published, the amounts will be