Premier League’s ‘big six’ clubs lose battle to grab bigger slice of TV cash
THE Premier League’s ‘big six’ have lost their battle to grab a bigger slice of TV cash.
Liverpool, Arsenal, Chelsea, Spurs, Manchester United and City wanted £1billion in overseas TV revenue to be redistributed in their favour.
Richard Scudamore, executive chairman of the Premier league, had a plan for a redistribution of cashPA:Press Association
But the Premier League cancelled a meeting — due to be held today — after many of the other 14 clubs held firm.
Currently the system sees TV money doled out equally among the 20 clubs regardless of size or finishing position.
The ‘big six’ had argued they should receive a bigger share because more foreign viewers want to see them in action.
But a Premier League statement read: “It’s clear that there is currently no consensus for change.”
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Television companies pay big bucks to host Premier League gamesPhil Shephard-Lewis - The SunThe Big Six clubs thought they should get a greater share of incomeGetty Images
Prem chief Richard Scudamore put forward a plan to allocate 35 per cent of the overseas pot according to final league positions.
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