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League plans for stability

By Reuters in London | China Daily | Updated: 2012-11-17 07:58

English Premier League soccer clubs discussed plans on Thursday to ensure that a huge injection of cash from broadcasters around the world ushers in an era of greater financial stability.

Having secured a domestic television deal worth one billion pounds ($1.6 billion) per season from 2013 - a 70 percent increase - the Premier League has since negotiated a series of improved overseas agreements, including one with NBC in the United States.

That has fuelled optimism that overseas TV income will comfortably beat the total of more than 1.3 billion pounds generated in the three-year cycle that ends in 2013.

League plans for stability

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