Sport

Premier League clubs adjourn meeting on overseas broadcasting deal money

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Freddie Ladapo #8 of Crystal Palace FC attempts to control the ball as Evan Lee #12 of FC Cincinnati and Michael Millay #25 of FC Cincinnati collapse on defense during the second half

Premier League clubs have delayed a decision on controversial proposals to give top teams a greater share of income from the sale of television rights.

All that TV rights revenue is now equally shared among all 20 Premier League sides, with last season every team earning just over £39m from the league's over 80 foreign deals.

Tenders for the next three-year period - 2019 to 2021 - go out later this year but deals for Brazil, China, sub-Saharan Africa and the United States have already been agreed.

According to BBC Sport, the six richest clubs - Manchester City, Manchester United, Tottenham, Arsenal, Liverpool and Chelsea - want their appeal reflected in their income.

Nine clubs presently favour the new distribution plan, with fourteen clubs needed to agree before any changes are approved.

Cape Town - Premier League clubs are set to discuss a proposal that would change the way money from overseas broadcasting deals is distributed. "Clubs unanimously agreed to adjourn the meeting to allow further discussion".

Both sides are however in agreement about the increasing importance of overseas broadcast revenue to Premier League balance sheets.

In a statement, the Premier League said: "The clubs today met and discussed the future development of the league".

If the big six fail in their move for more TV rights money, they could look at alternative options, like re-visiting the idea of creating a European Super League. Wednesday's meeting had been mooted to be the last before negotiations begin on a new round of domestic TV rights, with Sky and BT once again expected to spend billions of pounds.

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