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As we’re all aware of, the Premier League has been placed on suspension until next month, as some clubs have now been affected with coronavirus, and there’s a need to curb the widespread of the virus, hence the need for the suspension of the league.
There are so many suggestions as to what should happen to the 2019-20 season, with some saying that the league should end this way and Liverpool handed the title, while some are of the suggestion that the season should be made void.
Any of such decisions will cost clubs and the Premier League huge loss in revenue. Imagine the revenues derived from each match day, and also TV rights.
According to The Times, the Premier League could have to fork out in excess of £750million should they fail to deliver on the full 38-game season, with a cancellation of the season breaching their many broadcasting deals. A source told the newspaper: “The commercial reality for the Premier League and UEFA is that if they don’t complete their seasons then they are in breach of their broadcasting contracts.
“You would have broadcasters from all around the world saying, ‘In that case we are not paying for the season.’
“For the Premier League you are talking around £3billion income a year from overseas and domestic TV rights. There would also be financial implications if the competitions were squeezed, so fewer matches were played.”
This is an indeed a tough situation, no thanks to Covid-19.