Premier League clubs postpone talks on TV rights money redistribution

Lack of support for proposal to end equal distribution of international cash.

Premier League clubs postpone talks on TV rights money redistribution

Premier League clubs have rejected an initial proposal to end the equal distribution of income from overseas broadcasting deals.

English soccer’s six richest clubs, Manchester City, Manchester United, Tottenham Hotspur, Arsenal, Liverpool and Chelsea, have been seeking a bigger share of the income to reflect their fruitful contracts in China and the US.

Following a meeting on Wednesday, no vote was taken after the plan did not receive the two-thirds majority support of 14 clubs that was needed for the proposal to be passed.

Everton, Leicester City and West Ham United had reportedly planned to support the proposal.

For 25 years, international broadcasting income has been shared equally between the top tier’s 20 teams, with the current UK£3 billion in overseas deals for 2016 to 2019 generating UK£39 million annually per club.

The league’s executive chairman, Richard Scudamore, presented a plan suggesting 35 per cent of global revenue be divided according to league position.

The clubs agreed to adjourn until November’s meeting, when further discussion will take place. 

"Everyone came into the room with good intentions,” said Swansea City co-owner Steve Kaplan. “I think they still have good intentions. I'm optimistic.”