Sky shares plummet as Premier League rights auction sparks investor fear

Premier League TV

By Mark Baber
December 16 – The multi-billion pound auction for Premier League television rights, which kicked off on Friday, has led to a 4.4% fall in the share price of Sky plc on Monday on fears the company could be outbid by BT on a number of packages, and predictions the total bill could be as high as £5 billion, An Ofcom investigation, initiated by Virgin, has added to the lack of stability in the market.

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Burnley report value-for-money loss as they regain Premier League status

Turf Moor

By Paul Nicholson
December 4 – Success on the pitch can sometimes be a fickle financial master in football, but Burnley’s loss of £7.6 million for the year to June 2014 is looking like value-for-money. The Premier League new boys actually announced a £300,000 profit for their promotion season. But when you add in staff bonuses of £7.9 million due on elevation to England’s top flight, the profit becomes a £7.6 million loss.

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Chelsea closes in on £25m Turkish Airlines deal

Turkish Airlines ad

December 1 – Chelsea is reportedly “edging closer” to a deal with Turkish Airlines. According to unnamed sources the new Chelsea deal will be worth £25 million a year to the South London club, £7 million more than Samsung (whose contract expires at the end of the year) currently pay.

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TV watchdog opens new probe into Premier League UK sales policy

TV camera

November 19 – The debate over how much English Premier League football should be televised live domestically is back on the agenda. UK broadcasting watchdog Ofcom has opened an investigation into how the Premier League sells media rights following a complaint from Virgin Media, which claims more matches should be available for live broadcast.

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Purslow joins Chelsea to push sales, as Man Utd notches two more deals

Man utd and IVC

October 30 – On the pitch Chelsea were denied a win in the Premier League against Manchester United last weekend by a last gasp equalizer by Robin van Persie. Off the pitch commercial results are far from evenly matched with Man Utd this week adding two new sponsors, while Chelsea have put faith in new signing Christian Purslow to lead the line in a bid to boost their global commercial activity.

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