Sky and BT will lose £1bn if sporting events are cancelled untill August

Now and forever

Well-Known Member
I'm guessing all the folk that always take pride in these stories about the EPL and Sky's demise are the kind who watch football on a grainy screen that buffers repeatedly and see a goal five minutes after its mentioned on a match thread?
They jump in with no thought put into anything.

If we want the league null and void this is bad news
 

Zulu

Well-Known Member
I'm guessing all the folk that always take pride in these stories about the EPL and Sky's demise are the kind who watch football on a grainy screen that buffers repeatedly and see a goal five minutes after its mentioned on a match thread?
Wrong. I have perfect BT and sky,,but i can see the bigger picture.
If sky n bt go under young Scottish talent will stop going to the likes of watford and fckn Sheffield. And you wont see the likes of sanches getting £650.000 PER WEEK for sitting on a bench !
Wed survive, about 95% of English premier League clubs wouldn't.
 

Beanzie

Well-Known Member
I suspect that they have other ways of making the money up. People are making more use of their phones, using broadband more and TV audiences will be higher hence a knock on to more advertising revenue.
 

Dave570

Well-Known Member
I think for football August is now a pipe dream. In Holland they are hinting it could be as late as October before such large gatherings will be allowed. The players union are wanting this season nil and void and the spokesman said that the players may be fit enough to survive but they also have parents and grandparents. He said it is the only fair way for the players and their families.
 

jefftracy

Well-Known Member
They jump in with no thought put into anything.

If we want the league null and void this is bad news


It's bad news as they will try and claw the money for contracts back in and that will ensure they dont null and void the league.
Sorry mate but this argument just doesn't stack up for me.
Football is where these companies make their big fat profits so why would they cut off the hand that feeds them, especially in these unprecedented times of national crisis, by trying to claw back money for an unfinished campaign?
I think this theory has been put out there by people with ulterior motives to move the narrative in a certain direction.
I can see going forward however that they might want to renegotiate contracts as the whole landscape will have changed.
 

sw26

Well-Known Member
I suspect that they have other ways of making the money up. People are making more use of their phones, using broadband more and TV audiences will be higher hence a knock on to more advertising revenue.
I may be way off but I always remember reading that the TV for BT specifically was essentially a loss leader for their other services, which dwarf what Sky offer.

This may have been an internal justification for them throwing so much money at the UEFA tournaments right enough.
 

Duffy1983

Active Member
I hope that we don’t bail out companies trading in the UK that pay little or no tax into our system.

It is a big hit for them but it’s all relative. make a lot - lose a lot, sport will come back and they are at the forefront currently of the broadcasters.
 

Now and forever

Well-Known Member
Sadly thsts not how business works. If you are facing a huge loss you do everything to minimise that loss.

They have contracts already in place for years to come.

Jeftracey
 

frazz

Well-Known Member
I recently agreed an 18 month deal with Sky. Agent told me the price could be increased in April 2021 but was only a set percentage it could be increased by
I can't remember exactly but I think any price increases you are allowed to cancel your contract
 

jefftracy

Well-Known Member
[/QUOTE]
Sadly thsts not how business works. If you are facing a huge loss you do everything to minimise that loss.

They have contracts already in place for years to come.

Jeftracey
I wouldn't be surprised if they try to renegotiate contracts going forward but I don't understand how they can claw money back for a product they have already received excluding the last few games. This season is over and it is just a big red herring being put out to set an agenda.
 

Now and forever

Well-Known Member
I wouldn't be surprised if they try to renegotiate contracts going forward but I don't understand how they can claw money back for a product they have already received excluding the last few games. This season is over and it is just a big red herring being put out to set an agenda.
[/QUOTE]
Why would they be renegotiated?

They are signed and sealed.
 

jefftracy

Well-Known Member
Why would they be renegotiated?

They are signed and sealed.
Do you honestly think that there will not be renegotiating of contracts of all forms after we come out of this, and this will include contracts out in the real world? This crisis will be a game changer. Economies will be flattened, businesses struggling to stay afloat, people losing jobs, all this will feed into the mix. TV companies will have have to cut their cloth too just like the clubs and normal businesses in general.
 

Bluebearjim

Active Member
Theres maybe about 5 teams that are the size of us and with the same money who knows what would happen.
Globally I would say only Manchester United and Liverpool are bigger than us and them in EPL. Then Arsenal, Man City, Chelsea, Spurs and Everton. Remainder are really only big local clubs generally with local following. TV money accounts for less than 10% of income at Liverpool and gate money about 3%. This may change the attitude of Sky and BT for a while as I think any other approach would see a massive drop in subscribers.
 

Gibraltar Loyal

Well-Known Member
Sky and BT will lose almost £1bn in revenue if top-flight sport remains shut down until August, according to a report that recommends players take a pay cut to support their clubs.

In England, the Premier League has postponed matches until at least 30 April, and it appears increasingly unlikely that the league will resume then as the government’s nationwide lockdown is expected to continue for months.

The hypothesis informing governments assumes an initial three-month long lockdown,” said Enders Analysis, which published the report. “Group activities of 25 people involving close physical contact without protection will not plausibly be the first to be allowed when when some social life resumes.”

Sky has stopped charging commercial clients such as pubs that carry Sky Sports, and pay-TV subscribers can “pause” their payments. BT has told customers to call to “discuss their contract or other options”, while some customers on its flexible pay-TV package can elect to drop sport.

“Assuming a worst-case scenario of a four-month suspension of all sports coverage (British and foreign), with all sports subscribers pausing their contract and wholesale clients being allowed to follow suit, Sky would lose £700m and BT £228m in revenues,” Enders said.

The report says that beyond July Sky and BT will start saving money if sport remains off screens as upcoming rights payments would be postponed or cancelled.

Sky and BT are due to pay the Premier League the six-month licence fee for the first half of the 2020-21 season, which amounts to about £530m in total, in July. BT’s annual bill to Uefa for the Champions League rights is £394m.

The report suggests players need to play their part as clubs struggle economically, with wages accounting for 59% of revenues across the Premier League.

Football’s cost structure is pretty simple: most of the receipts flow into players’ pockets,” the report says. “The best solution is collectively negotiated pay cuts, but negotiating pay cuts with players is as difficult as herding cats.”

One top-flight German club has reached a deal with players and another is in talks. In France, Lyon has put players on the public “temporary” unemployment scheme, which should cut pay bills by half.

“To limit disruption, pain will have to be shared across the supply chain with players’ pay first in line,” the Enders report says.
Good %^*& them. Stop paying obscene amounts to clubs that in turn pay obscene amounts to players. The world is gonnae be a different place and people will care less for players and celebs getting stupid money
 

camioni

Active Member
Aw didums what a shame...not. If they try to raise the subs on the back of this they can go f'uck themselves.
 

Drovavan Dünaditch

Well-Known Member
Diddums! They don’t get to that level without knowing their way around such issues but I would love nothing more than EPL sides being forced to reign it in. It was nice for that brief period when China were massively outbidding them and the toys were launched straight out the pram.
 

Bluesea81

Active Member
No sympathy for them at all. When the inevitable price increase arrives to cover any loss i hope everyone cancels as soon as they are able to.
 

Now and forever

Well-Known Member
Do you honestly think that there will not be renegotiating of contracts of all forms after we come out of this, and this will include contracts out in the real world? This crisis will be a game changer. Economies will be flattened, businesses struggling to stay afloat, people losing jobs, all this will feed into the mix. TV companies will have have to cut their cloth too just like the clubs and normal businesses in general.
I dont think the recent SKY deal with Scottish football will be renegotiated. . . No.
 

HiHi Bear

Well-Known Member
Oh no, we're going to lose so much of the cash they've so generously put into Scottish football over the years....
Approx 2 mill iirc
SPFL would probably lose 25per cent or about 500k
This is the amount the papers are saying is a big stumbling block.
Of course much more in England!
 
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