Premier League TV verdict to provide huge £95m boost for Brighton
Brighton will be rewarded for maintaining their top flight status for a fifth consecutive season as the Premier League broadcast deal for the next three years is close to an agreement
Albion's safety was assured last night following Fulham's 2-0 home defeat to Burnley and Graham Potter's team can now start planning for next season as income from TV revenue looks set to remain at the same level.
Sky, BT Sport and Amazon are are expected to be the main players once more. The deal is worth an eye-watering £4.5bn over three years and equates to £31.8m per club, each season due to the Premier League's equal share.
The total for the three-year cycle means Brighton are on track to receive a very welcome £95.4m.
The previous agreement allowed Sky Sports to have the lion share as they broadcast 128 live matches per season. BT Sport screened 52 fixtures and 20 were on Amazon Prime.
The Daily Mail reported the Government have given the go-ahead for the new TV deal and Premier League clubs are expected to agree to it at a shareholder meeting that was said to be scheduled for today.
Albion are also set to receive their share of an £83m payment to Premier League clubs following the promotions of Norwich and Watford from the Championship.
Norwich and Watford were relegated from the top flight last season and both have secured promotion at the first time of asking and that means a financial boost for Brighton and their Premier League rivals.
When clubs drop from the Premier League, parachute payments are handed to them over three years in an attempt to cushion the financial blow.
As Norwich and Watford both successfully returned after just one campaign in the second tier, they will no longer receive the parachute payments for next year.
Therefore the money stays in the Premier League and each club receives a slice of the £83m, with Brighton's share expected to be a shade more than £4m.
The payment could increase further if Bournemouth, who also dropped to the Championship last season, are promoted via the playoffs.
The additional income will be a welcome boost as last January Brighton reported a loss of £67.2m for the 2019/20 season, compared to the £21.2m the previous campaign.
Turnover for Albion was also down to £132.9m from £148m as coronavirus affected every aspect of their financial operations.