Premier League teams set to suffer from £340m TV refund

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In a video-conferencing meeting with representatives from all 20 Premier League teams, it was announced that that they could have to repay an estimated £340m to domestic and international broadcasters, even if the season resumes behind closed doors at neutral venues.

Club officials met on Monday to continue talks on ‘Project Restart’ – the Premier League’s ongoing commitment to get the current season finished.

The refund is due to matches are not taking place and then the current proposal for having matches without fans and at different times and days to what was originally scheduled.

Premier League clubs are due to earn a total of £9.2bn from broadcasters between 2019 and 2022.

Premier League Chief Executive Richard Masters said: “We were able to update our clubs today on our situation with broadcasters, which is obviously confidential.

“Whatever happens, there’s going to be significant loss of revenue for clubs. That is inevitable.”

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