Sky Sports, BT Sport, Amazon Prime Video and BBC Sport have agreed a proposal to continue their existing television deal with the Premier League for a further three years.
The deal has been approved by Premier League clubs and will run from 2022 to 2025. It is worth £4.5billion.
Premier League chief executive Richard Masters said: “The Premier League would like to express our gratitude to our broadcast partners for their continued commitment to the Premier League and support for the football pyramid.”
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Masters added: “We are hugely appreciative of the Government agreeing in principle to allow this arrangement and for their continued support for the Premier League and the English game.
“Covid-19 has had a significant impact on football, and renewals with our UK broadcast partners will reduce uncertainty, generate stability and promote confidence within the football pyramid.
“We know that, once concluded, this will have a positive impact on the wider industry, jobs and tax revenues and will enable us to maintain and increase our existing solidarity and community financial commitments to the football pyramid for the next four years, even though we are yet to understand the full impact of the pandemic.
“It comes at an important time and will enable us to plan ahead with increased certainty against a more stable economic backdrop.
“Sky Sports, BT Sport, Amazon Prime Video and BBC Sport are excellent partners and provide fantastic coverage and programming to bring our competition to fans in the UK.”
The deal is subject to parliamentary approval and any opposition to the proposed plans needs to be made by May 28.
Premier League clubs have also agreed £100m of additional funding for the National League, women’s football, League One and League Two clubs and the grassroots game.
Marc Allera, CEO Consumer at BT Sport, said: “Throughout this difficult year the Premier League and broadcasters have all worked together to find pro-active solutions to ensure the Premier League, and the lower leagues, have a safe and secure way out of the pandemic.
“This in principle renewal of our broadcast rights is great for our viewers, but also helps to provide vital support for the broader football community that relies on the Premier League.”
Meanwhile Barbara Slater, Director BBC Sport said “We very much welcome this agreement in principle from the Premier League.
“As longstanding partners we’ve worked with the Premier League during difficult times and none more so than in the last year.
“We believe the certainty that the renewal would bring for both football and our TV audiences in the UK would be of huge benefit as we emerge slowly from the coronavirus pandemic.”
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