The Premier League has decided to terminate the broadcasting rights for the Championship English in Russia, after the invasion of Ukraine, British media reported on Monday.
the television network Sky Sports and the newspaper Daily Mail informed that the organization’s lawyers received approval to start the termination process with Russian channels and that in the coming days there will be an official announcement.
Premier League Executive Chairman Richard Masters had already announced last week that he would review those contracts.
The rights to broadcast the Premier League in Russia belong to a company called Rambler, a subsidiary of the Sberbank bank, and the matches are broadcast on the streaming platform Okko.
The value of the contract, estimated at 7.2 million euros (R$ 40 million), represents little for the income of English football in terms of audiovisual rights abroad, which were 1.5 billion euros (more than R$ 8 billion) annually in the period from 2019 to 2022.
In turn, the television channel Match TV, which belongs to the energy giant Gazprom, has a contract signed for the next six seasons.
The English Football League (EFL), which manages the rights for the Premier League’s second to fourth divisions, is also expected to terminate its contracts with Russian vehicles.
Last weekend, the Premier League decided to organize demonstrations in support of Ukraine before the 28th round games of the competition.
The captains of the 20 teams wore armbands with the colors of the Ukrainian flag, there was a minute of applause before the start of the matches and the stadium screens displayed messages in solidarity with the Ukrainian people.
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Source: Gazetaesportiva
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