FOOTBALL INCOME FROM TELEVISION
United Kingdom · UK Parliament · 14 March 2000
That this House notes that the Premier League and Nationwide League are commencing negotiations for a renewed television deal with all television companies which is likely to bring in more than one billion pounds over the five years; further notes that this deal will mean over 20 per cent. increase in income; further notes that the Premier League currently has over 100 players who earn more than one million pounds a year each; further notes that the last television increases went straight into players' wages while admission prices continued to soar; further notes the devastating effect this wage inflation had on smaller clubs in lower leagues; and calls on this House to introduce a regulator for the industry so that this increase in television money is used to reduce admission prices and provide help for smaller clubs in genuine need.