Thursday, March 24, 2016

EPL allows clubs to use more TV cash to fund salaries (The Associated Press)

English Premier League clubs will be able to use more television cash to fund players' salaries although restrictions will be in place to prevent them from frittering away the $12 billion windfall. The restrictions were initially imposed in 2013 and the new limits reflect the rise in the value of TV rights for the 2016-19 period to 8.3 billion pounds ($12 billion). During the current 2013-16 TV rights cycle, annual increases of 4 million pounds have been allowed to be funded from TV cash.

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