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Mega £564M TV Deal From China To Split The Big Six From Premier League

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The Premier League is facing a huge concern as they look to keep all the 20 clubs united in the top flight.

Manchester United’s vice-chairman Ed Woodward held a meeting with the executives of the big-six clubs from England to discuss the future of the Premier League.manchester united

China is all set to become the Premier League’s most lucrative broadcasting territory abroad with a £564m worth three-year deal.

The owners of Inter Milan and Chinese Super League club Jiangsu Suning have signed a bumper deal with the Premier League for the exclusive television rights of the English top tier in China.Premier League

The Suning Holdings Group have signed a mega three-year-contract, that starts from the 2019-20 season for the broadcasting rights of the Premier League in China and Macao.Premier League

The previous best foreign deal was with US television network NBC that paid around $US166.66m per year for the broadcasting rights of the Premier in the United States, but the new China deal will be a major upgrade to that with an approximated revenue of around $US240.33m per year.Premier League

Reports also suggest that the new deal will pay almost ten times what the current deal wit Super Sports Media Group pays.china-football

The Suning Holdings Group started the their sports venture in December 2015 with the capture of CSL club Jiangsu Sainty, and changed the name to Jiangsu Suning – while they purchased the majority share in Inter Milan in June this year.chelsea

The CSL club have made significant transfers since the take-over, having captured the likes of Ramires and Alex Teixeira for a combined £75m.

Woodward was trying to protect United’s interest in China as the MUTV has a tie-up with one of the losing bidders.

He held a meeting with the representatives of Chelsea, Manchester City, Liverpool, Arsenal and Tottenham Hotspurs before finally giving a nod to the new deal.

Abhishek Chaudhary
Abhishek Chaudhary = The Blues, who have left an indelible impression on his life. Factoid :- He cried inconsolably for a week when Jose Mourinho was sacked by the bosses at Stamford Bridge 2nd time round. His passion for the beautiful game is only matched by his fascination for beer! Supports Chelsea

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