DIR Return Create A Forum - Home
---------------------------------------------------------
ComeAllWithin (Harlequins Rugby)
HTML https://comeallwithin.createaforum.com
---------------------------------------------------------
*****************************************************
DIR Return to: ComeAllWithin Board
*****************************************************
#Post#: 43479--------------------------------------------------
BT release final payment for this season
DIR By: Fearless Fred
Date: May 28, 2020, 3:19 am
---------------------------------------------------------
BT Sport hand lifeline to Premiership clubs by paying final
round of payments in full
The funds are being held by Premiership Rugby’s central
authority, with BT Sport keen to resume the season in one form
or another
By Daniel Schofield,
DEPUTY RUGBY UNION CORRESPONDENT
27 May 2020 • 6:13pm
HTML https://www.telegraph.co.uk/rugby-union/2020/05/27/bt-sport-hand-15m-lifeline-premiership-clubs-payments-brought/
BT Sport have handed the Premiership a significant boost by
paying the rights money for the remainder of the 2019-20
campaign despite the diminishing prospect of the season being
completed in full.
With many Premiership clubs standing on the brink of financial
ruin because of the Covid-19 lockdown, the broadcaster brought
forward the final payment round of its £33million a year
contract as a goodwill gesture. Those funds are now being held
by Premiership Rugby’s central authority.
It is not clear whether BT Sport have a similar rebate clause as
is the case in the football Premier League’s contract with other
leading broadcasters. Although one source suggested that they
did not, BT Sport could be entitled to retrieve the money
through legal means. Indications are that this is an unlikely
scenario with both parties determined to resume the season in
one form or another.
Unlike elite football or cricket, Premiership clubs will not
resume training for at least another week as the Professional
Game Board’s working group address welfare and scientific
concerns. With many clubs indicating they would need eight weeks
training to ensure players are match-fit, the season might not
be able to recommence until mid to late July. A plan to remove
six of the final nine rounds of matches is gaining increasing
traction. BT Sport are being kept closely appraised of
developments and are happy to collaborate in schemes that will
ensure the health of club rugby while providing the broadcaster
with the content it is seeking.
Even if the loaded gun of repaying the broadcasting fees was
removed from their head, Premiership Rugby are still desperate
to resume the season to reciprocate the goodwill shown by BT
Sport, particularly as their £200million six-year contract comes
to an end next year. Bringing in greater broadcasting revenue
was a centrepiece of CVC’s investment in club rugby. Post
pandemic, however, they may be lucky to match the terms of their
present deal. One of the Premiership’s main selling point is the
presence of partisan full houses, which are likely to be absent
for some time.
Nevertheless, Premiership clubs are likely to gratefully receive
BT Sport’s olive branch. Even Exeter Chiefs, the one club who
consistently turn a profit, are bracing themselves for a
considerable loss because of the lockdown.
“In 22 years of running the club, this year will be the first
time that we have lost money,” Tony Rowe, the chairman, said.
“Because of the virus there will be a big fat hole in the
accounts and that means we will have to find ways of addressing
that moving forward. It’s not easy, particularly when you have
no income coming in, but I’m confident that we have found a way
to overcome the challenge currently.”
At the other end of the scale, Daily Telegraph has learnt of one
club who has cuts its wages by 50 per cent and removed any
safeguards for low-earners.
#Post#: 43491--------------------------------------------------
Re: BT release final payment for this season
DIR By: MadMax
Date: May 28, 2020, 5:42 am
---------------------------------------------------------
I would hope the Premiership remembers this gesture when they
come to negotiate the next TV contract but I suspect that is
very unlikely given the lack of integrity in the league.
#Post#: 43499--------------------------------------------------
Re: BT release final payment for this season
DIR By: deadlyfrom5yardsout
Date: May 28, 2020, 6:57 am
---------------------------------------------------------
Well BT are not being completely altruistic here, are they?
#Post#: 43509--------------------------------------------------
Re: BT release final payment for this season
DIR By: MadMax
Date: May 28, 2020, 11:17 am
---------------------------------------------------------
They certainly haven't been when dealing with my personal
contract!
#Post#: 43517--------------------------------------------------
Re: BT release final payment for this season
DIR By: deadlyfrom5yardsout
Date: May 29, 2020, 2:34 am
---------------------------------------------------------
--- Quote from: MadMax link ---
>
> They certainly haven't been when dealing with my personal
contract!
>
--- End Quote ---
Funny you should say that actually. I rang BT to cancel my
Broadband & TV Package as Sky were offerring a ridiculously low
price for everything including BT Sport etc. 1 day later I
stayed with BT after they literally halved what I was paying
before but with the addition of and including Now TV to access
all Sky content, Netflix and Disney. I would urge you all to set
aside some time to review your Packages if you are out of
contract or nearly so. :):)
#Post#: 43532--------------------------------------------------
Re: BT release final payment for this season
DIR By: MadMax
Date: May 29, 2020, 6:44 am
---------------------------------------------------------
--- Quote from: deadlyfrom5yardsout link ---
>
> Funny you should say that actually. I rang BT to cancel my
Broadband & TV Package as Sky were offerring a ridiculously low
price for everything including BT Sport etc. 1 day later I
stayed with BT after they literally halved what I was paying
before but with the addition of and including Now TV to access
all Sky content, Netflix and Disney. I would urge you all to set
aside some time to review your Packages if you are out of
contract or nearly so. :):)
>
--- End Quote ---
Absolutely right. You should never renew anything without
comparing prices and negotiating. Very few organisations give a
toss about loyalty nowadays.
#Post#: 43536--------------------------------------------------
Re: BT release final payment for this season
DIR By: Grubs
Date: May 29, 2020, 8:49 am
---------------------------------------------------------
I shall review my package forthwith 🙂
#Post#: 43565--------------------------------------------------
Re: BT release final payment for this season
DIR By: deadlyfrom5yardsout
Date: May 30, 2020, 2:38 am
---------------------------------------------------------
The Missus just renewed the Insurance on her Roller and the
Techy Butler got it for less than half the renewal price quoted
but with Full Recovery Breakdown Cover & European thrown in. Its
great having the time to save money!!!:):)
*****************************************************
Page 1 of 1