Sir Jim Ratcliffe has finally managed to complete his minority acquisition of Manchester United, subject to the deal gaining approval.
05.12.2023 - 19:21 / manchestereveningnews.co.uk
The new £6.7billion TV deal will provide Manchester United and Man City with a cash boost and a financial confidence as both clubs seek to grow already impressive revenues.
City published a record revenue of £712.8m last month while United's figure was £648m. Both clubs are among the leading commercial clubs in world football and while the added finances provided by the bumper TV deal will be welcome, it will only swell the coffers of the Manchester pair by a relatively small amount.
But the security offered by a four-year deal will provide a stability which will be welcomed at Old Trafford as the takeover process continues to rumble on while City could potentially be hit with a punishment for breaching FFP charges.
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This new TV deal domestically, while it holds an eye-catching headline figure, will be less impactful, but nonetheless represents good news. The domestic deal for 2022/25 stood at around £4.9bn. The international deal was around £5bn.
The domestic deal was struck over three years, with 200 live games available through various packages. That worked out at £1.633bn per season, with the bulk of that money distributed to the member clubs through equal share payments and merit payments, with those split between domestic and international rights.
Sky Sports and TNT Sports were the two to win the rights for the rights from 2025, with the deal now worth £6.7bn, but over four years instead of three, and with 270 live games available instead of 200. Amazon did not come back to the table, while DAZN, who were tipped to make a play, also did not feature. That meant an
Sir Jim Ratcliffe has finally managed to complete his minority acquisition of Manchester United, subject to the deal gaining approval.
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