Premier League asked to pay up £762 million if the season gets canceled.
The broadcasters have reportedly asked the Premier League to pay £762 million in compensation if the rest of the season is not is played. The reason they have cited is they believe if the league is not played, the TV ratings for the Premier League is bound to drop.
The season has been brought to an abrupt halt by the spread and development of the pandemic of CoVID-19 which has made Europe its epicentre.
The Premier League had to be suspended till April 3 after Mikel Arteta, the manager of Arsenal and Callum Hudson-Odoi, the star winger at Chelsea were tested positive of CoVID-19. With the situation now getting worse, the Premier League has suspended the season further till April 30, 2020.
Although, the EFL has declared that the season will be extended indefinitely and might even be pushed till July to finish the matches, there is no guarantee that it will get better.
In light of such events, the broadcasters, who hold exclusive rights to show the PL matches are now seeking compensation in the sum amount of £762 million.
If anything, this does prove that the case will resolved with PL pushing the league to be completed.