Connect with us
Switch

Around the World

EPL clubs to be fined £37 million each over suspension of matches

The EPL clubs might be fined £37 million each by broadcasters if the 2019/2020 season is cancelled following the suspension of matches due to the spread of coronavirus in the UK.

Published

on

EPL clubs to be fined £37 million each if 2019/2020 season is cancelled due to Coronavirus

The English Premier League (EPL) clubs might be fined £37 million each by broadcasters if the 2019/2020 season is cancelled following the suspension of matches due to the spread of coronavirus in the United Kingdom (UK).

According to a report, the deal between the Premier League and broadcasting channels like Sky Sports and BT Sport states that both broadcasters will televise 128 games and 52 games respectively. However, with the suspension of the league until at least April 30, 2020, Premier League will not fulfil its TV commitments before July 31.

There are reports that Sky Sports and BT Sport are weighing legal actions to ensure their investment into televising the cancelled matches doesn’t waste. The Premier League’s current UK broadcasting deal is worth £5 billion. It was learnt that if the broadcasters succeed in their demand, the 20 Premier League clubs will cough out a total of £750 million.

Clubs are not willing to make payment: The EPL clubs are not willing to pay such fine as the suspension was caused by an epidemic beyond control. But the Premier League also intends to ease the tension in order not to damage relationships with broadcasters ahead of the next rights cycle in two years’ time.

Specta

[READ MORE: BMW shuts down European factories over Coronavirus)

Aside from the topflight EPL, the lower division leagues in England are also affected by the suspension of League matches across the UK. This is because the lower divisions earn lesser broadcasting revenue, while their major revenue source comes from matchday earnings.

It was reported that the 47 League One and League Two clubs stand to lose a combined £50 million in gate receipts, sponsorship and season tickets if the campaign cannot restart before the summer. This could lead to the clubs going out of business, so to prevent that, there are suggestions that the EFL, the Premier League and other soccer organisations should financially contribute.

Coronation ads

Olalekan is a certified media practitioner from the Nigerian Institute of Journalism (NIJ). In the era of media convergence, Olalekan is a valuable asset, with ability to curate and broadcast news. His zeal to write was developed out of passion to shape people’s thought and opinion; serving as a guideline for their daily lives. Contact for tips: [email protected]

Click to comment

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Around the World

President Biden directs international air travelers must quarantine upon arrival

President Joe Biden has directed international air travellers to quarantine upon arrival in the United States.

Published

on

Joe Biden gains additional 4.6 million Twitter followers in less than 12 hours

The United States President Joe Biden has issued an executive order on Thursday that makes it mandatory for international air travellers to quarantine upon arrival in the US.

Similarly, the executive order also includes a directive that all interstate travellers in the US will be expected to wear a face mask. This travel order applies to airports and planes, trains, ferries, intercity buses and public transportation, but grants them the ability to issue exemptions.

READ: Here is reason Turkish Airlines was allowed to land in Abuja 

What the US President is saying in the executive order

According to a report from Reuters, President Biden’s order says, ‘‘To the extent, feasible air travellers must comply with applicable U.S. Centers for Disease Control and Prevention (CDC) guidelines concerning international travel ‘including recommended periods of self-quarantine.

Specta

However, the executive order does not explain how it will be enforced as the implementation still remains quite hazy.

READ: A Joe Biden presidency and its impact on Nigeria’s oil

The order also directs US agencies to engage with Canada and Mexico on public health protocols for land ports of entry including implementing CDC guidelines. Almost all non-essential travel at US land borders with Canada and Mexico has been suspended till February 21.

The CDC recommends a 7-day quarantine for people arriving in the United States from nearly all countries.

Coronation ads

READ: Biden reverses US immigration ban on Nigeria, others

Biden is directing agencies to reconsider international contact tracing requirements for U.S.-bound passengers, which was abandoned by the Trump White House, as well as the possibility of follow-up Covid-19 testing for travellers after they arrive in the United States.

In addition, the US President has also directed that all travellers including US citizens, will be required to show proof of a negative Covid-19 test before entering the country from abroad in an order that underscores the CDC policy announced last week.

READ: Air travellers across Nigerian Airports hit 8.5 million in 6-month

Coronation ads

What you should know

  • It can be recalled that the Trump administration had resisted calls for the enforcement of a mask-wearing requirement.
  • The Biden administration has also announced that it would reimpose coronavirus-related ban on most non-U.S. citizens arriving from European Union, Brazil, the United Kingdom.
  • This follows the lifting of the restrictions by former US President, Donald Trump through an executive order on Monday.

Stanbic IBTC
Continue Reading

Around the World

Joe Biden sworn-in as the 46th President of the United States

The whole world watched in awe as Joe Biden was sworn in as the new President of the United States.

Published

on

Joe Biden has been sworn in as the 46th President of the United States.

The 78-year-old Democrat and former Vice president to Barack Obama is being sworn in after emerging the winner of last year’s Presidential elections.

Biden’s running mate, Kamala Devi Harris was sworn in as vice president by Justice Sonia Sotomayor, becoming the first woman and the first black and Asian-American person elevated to serve in a role a heartbeat from the presidency.

The inauguration took place at the US Capitol, the same building that was stormed on January 6, by Donald Trump’s violent supporters.

Trump who for months refused to conceded to Biden’s victory at the polls left the White House for the final time hours earlier and flew to Florida after making it clear weeks ago that he will not be attending the inauguration.

Specta

Trump’s Vice, Mike Pence attended the ceremony, as he skipped Trump’s farewell military salute event at Andrews base.

The ceremony includes musical performances by Lady Gaga – who sang the national anthem – as well as Jennifer Lopez and Garth Brooks.

Former Presidents; Barack Obama, George W. Bush and Bill Clinton were all present at the inuaguration

What you should know

  • At 78, Biden is the oldest president ever to take the oath of office.
  • In his speech, Biden swore to defend the constitution and the country “against all enemies, foreign and domestic”.
  • History was made as Kamala Harris became America’s first female, first Black and first Asian American vice-president.
  • Donald Trump skipped the ceremony, becoming the first president not to attend his successor’s inauguration since 1869.

Coronation ads
Continue Reading

Around the World

Joe Biden to return United States to WHO on first day as President

In-coming US President, Joe Biden has resolved to immediately return the country back to the WHO after his inauguration.

Published

on

What would a Joe Biden Presidency mean for Nigeria?

The US President-elect Joe Biden plans to immediately return back the country to the World Health Organization (WHO) on the first day after his inauguration as he intends to make a sweeping review of the policies of outgoing President, Donald Trump.

This is as he intends to send top US medical expert Anthony Fauci to speak to the group in a strong rejection of Donald Trump’s snubs and criticisms during the coronavirus pandemic.

This disclosure is contained in a fact sheet released by President-elect Joe Biden’s transition team.

READ: Joe Biden gains additional 4.6 million Twitter followers in less than 12 hours

According to a report by Bloomberg, the incoming administration plans to take part in the WHO executive board meeting this week, with Fauci, the top U.S. infectious disease expert, heading the delegation and speaking.

Specta

The statement says that as soon as the United States resumes its engagement with the WHO, the new administration will work with the body to strengthen and reform the UN health agency.

READ: Banking giant, Deutsch Bank to cut ties with President Trump

What this means

  • With these announced plans, the Joe Biden administration is showing that it intends to set a new science-based tone in seeking to reverse Donald Trump’s dismissal of strategies to mitigate the virus as well as seek international cooperation in addressing the pandemic.
  • It also further reinforces the incoming President’s earlier criticism of Trump’s handling of the pandemic especially in the early days rather than laying blames.

READ: U.S dollar stays firm, Joe Biden to unveil COVID-19 support programs

What you should know

  • It can be recalled that President Donald Trump in May 2020, announced that the US would exit the WHO because of what he said was its undue deference to China and failure to provide accurate information about the coronavirus.
  • He often referred to the UN health agency as being controlled by China and criticized their handling of the coronavirus pandemic.
  • The US had been the WHO’s largest contributor, providing $400 million to $500 million in mandatory and voluntary contributions annually, with Trump’s last year decision drawing sharp criticism in Congress, as well as from allies in Europe.

Coronation ads
Continue Reading
Advertisement




Advertisement