The UK government has approved the English Premier League’s rolling over of its current broadcast deals with Sky Sports, BT Sport, Amazon Prime and BBC Sport for another three years.
In April, and as reported exclusively by SportBusiness, it emerged that the Premier League would renew its domestic media rights deals from 2022-23 to 2024-25 on the same terms as its existing agreements.
The agreement was put in place in principle, but awaited final sign-offs from government officials.
The government has now confirmed that it will be making an Exclusion Order under the Competition Act 1998, enabling to agreements to roll over without the need for a standard tender process.
The league currently earns a total of £1.53bn (€1.8bn/$2.13bn) per season for its domestic media rights, out of total media-rights income of about £2.82bn per season.In a statement, the Premier League said the renewals would "provide certainty to clubs throughout professional football as a result of maintaining current levels of financial support of around £1.5bn and enables the League to commit to increased funding. This gives security and continuity throughout the pyramid until at least 2025."
The Premier League will be investing an additional £100m over the next four years in the National League system, the women’s and girls’ game, community football facilities, and in supporting English Football League clubs, among other projects.