Baines' left foot
Player Valuation: £90m
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The reason sky paid so much is because they got gazumped by BT for the CL and lost ALL matches, so Sky decided they weren't going to lose the main PL so put in a stupid bid that they new BT couldn't match, next time it comes around they might bid lessIn the last round Sky paid £2.3 bn, BT Sports paid £736 million.
The reason why Sky and BT Sports paid so much more for the 2016/19 rights was the increased competition from the likes of Eurosport (backed by parent company Discovery) and Qatari based Bein Sports - the duopoly is being challenged.
However the point about being dependent upon broadcasting rights is agreed and understood.
I agree with most of your points on the board but I don't believe the tv money is a bubble, yet. Domestically, it might be close to saturation. They've only scratched the surface of overseas broadcasting revenues, though. Imagine how much money a foreign streaming service could generate, for example.What Everton want is sustainability in all areas of the business revenues. Peaks and troughs are very damaging to the club. It is obvious to a blind man that the TV revenues are in a bubble.
Imagine if the PL's biggest 'brand' clubs then decided they'd prefer to end collective bargaining and go it alone. Everything is on the table in the future and shouldn't be ruled out. It all rests on shaky foundations for a club like Everton.I agree with most of your points on the board but I don't believe the tv money is a bubble, yet. Domestically, it might be close to saturation. They've only scratched the surface of overseas broadcasting revenues, though. Imagine how much money a foreign streaming service could generate, for example.
Imagine if the PL's biggest 'brand' clubs then decided they'd prefer to end collective bargaining and go it alone. Everything is on the table in the future and shouldn't be ruled out. It all rests on shaky foundations for a club like Everton.
But building a 60,000 seater stadium for a team that finishes lower mid table isn't good business.Investment is needed to produce a team that finishes in the top six every season (at the very least) to fill a new stadiumAs I said :
Manchester City. Arsenal. Spurs. West Ham. Liverpool. Have all in this time increased capacity to more than 10,000 more than Everton.
They managed it.
All I hear is excuses for why Everton haven't in 15 years.
It's damaging the club in the long term.
I'm all about organic revenue growth and funding sustainable success.
However failures are becoming increasingly evident.
Imagine if just Manu went on their own, the value of the Sky deal would imo reduce considerably just on that one club ploughing its own tv furrow.
Imagine if the PL's biggest 'brand' clubs then decided they'd prefer to end collective bargaining and go it alone. Everything is on the table in the future and shouldn't be ruled out. It all rests on shaky foundations for a club like Everton.
But building a 60,000 seater stadium for a team that finishes lower mid table isn't good business.Investment is needed to produce a team that finishes in the top six every season (at the very least) to fill a new stadium
A tinkering with the portions doled out on foreign tv deals could create imbalance to Everton's disadvantage though. Look at LFC's proposal a few years back of performance related divvying up of the revenue from that source.The way the Premier League is set up and the ownership of broadcasting rights makes individual bargaining an impossibility. The only way it could be achieved is a winding up of the Premier League itself.
Too many vested interests to allow that to happen.
A tinkering with the portions doled out on foreign tv deals could create imbalance to Everton's disadvantage though. Look at LFC's proposal a few years back of performance related divvying up of the revenue from that source.
They were deserted by the other 'brand' clubs at that stage. If things change in terms of a slowing down or reversal of income then that could be revisited.
They were talking about this very subject on City Talk on Thursday afternoon with a reporter from the Guardian being interviewed.I agree with most of your points on the board but I don't believe the tv money is a bubble, yet. Domestically, it might be close to saturation. They've only scratched the surface of overseas broadcasting revenues, though. Imagine how much money a foreign streaming service could generate, for example.
They were talking about this very subject on City Talk on Thursday afternoon with a reporter from the Guardian being interviewed.
He said that the officials he'd spoken to in the PL are confident that the current deal (to start in 16/17) will be trumped at the end of it's term.
While he still thinks their is leeway in the domestic market due to external competition, the foreign markets they believe still have a lot to give.
Little fact he mentioned as well: next year's world top 30 richest clubs WILL be dominated by the PL clubs, most being in the top 20.
Collectively the Premier League was in profit last season for the first time ever, suggesting it'll attract much more interest from afar.
Next year's 20th placed team will also gain more revenue for their position than Chelsea did for winning it last season. Top 4 will gross £120m+.
The model is working and improving all the time, so he believes that it isn't anywhere near a bubble as of yet.