Finance guru: Man City cash ‘secured’ after £66m news from Tokyo
The likes of Man City have already “secured” their share of cash from the Premier League’s Japanese TV deal and will not be affected by the new sublicensing deal in the region.
That is the view of finance expert Doctor Dan Plumley, speaking exclusively to Football Insider about the latest news from the broadcast industry.
Sport Business reported last Thursday (21 July) that SPOTV has sold the rights to stream 114 Premier League matches in 2022-23 to Tokyo-based media company Abema.
The same outlet reported in February that SPOTV’s Premier League rights deal is worth £66.6million over its three-season lifespan.
City earned £297m in media income in 2020-21, the last financial year on record.
And the reigning Premier League champions’ TV revenue will not be affected by the new sublicensing agreement in Japan, insists Plumley.
“There could be a number of motives,” the Sheffield Hallam University expert told Football Insider’s Adam Williams.
“It might be a way to spread the costs by dividing the deal up. We don’t know the details but the basis of subcontracting suggests that it is mutually beneficial for both parties.
“It’s not uncommon to see a little bit of this in overseas TV deals and the Premier League won’t be majorly concerned. As long as that fee from the main broadcaster is secured, they won’t care.
“It could also be a resource issue as well. If they haven’t got the resources to deliver, they can subcontract. But what happens at the local level won’t affect Man City.”
In other news, Man City told to “look at Armando Broja” after journalist’s transfer update.