If the Saudi release valve dries up, this financial situation is going to be pretty amazing.
I think this is going to absolutely scare the hell out of a lot of owners/investors. Chelsea especially I think are going to be in a panic. They paid what they did thinking they could replicate what they did with the Los Angeles Dodgers and transform their media rights for the better. A trend in the other direction is catastrophic for their outlook.
I expect player prices to plummet, honestly. Not great considering the club are likely to sell Neto, but we shall see. Money is quite a bit more expensive these days anyway....
Why Premier League's new domestic TV deal isn't really a record, but a warning sign
The Premier League has been fun this season, with Liverpool and Arsenal fighting Man City at the top. However, the new 'record' TV deal isn't worth celebrating.
www.espn.com
I think this is going to absolutely scare the hell out of a lot of owners/investors. Chelsea especially I think are going to be in a panic. They paid what they did thinking they could replicate what they did with the Los Angeles Dodgers and transform their media rights for the better. A trend in the other direction is catastrophic for their outlook.
I expect player prices to plummet, honestly. Not great considering the club are likely to sell Neto, but we shall see. Money is quite a bit more expensive these days anyway....