The most obvious one, which most Chairman seemed to 'not fully understand' is:
Nick Harris
@sportingintel
Oct 17
One number really jumped out: the £1.409bn forecast foreign TV revs. Currently PL sells all 380 games to overseas broadcasters for £1.28bn (now Suning deal gone). Under PBP, those 380 will reduce to 162. Yes, DROP by 218 games, as PBP expects value RISE!
A quick bit of maths (and apologies up-front if I have some of my assumptions incorrect - feel free to correct them) gives the following reasonable rough calculation based on the numbers above,
162 games to sell out of 380 is 42.6%
42.6% of £1.28bn is £545,280,000
25% of a pro-rata TV deal (as calculated above) is £136,320,000
The League One share of that is 15% or £20,448,000
This equates to £852,000 per club per season.
This is half of the £2m per League One club that would be available should the TV deal be re-negotiated at exactly the same rate. I am not sure whether this was the figure clubs were thinking they would have received under PBP, but if it is, it looks unlikely that it is attainable.
Another point is that if, as I have read, the proposed £250m bailout fund was only grants and loans and would therefore need paying back, it would take 2 years' worth of payments just to cover paying back the loan.
Somehow I think there must be some error somewhere, because on these calculations it shouldn't just be a handful of EFL clubs that think this is a non-starter that won't help them achieve stability.
I have just noticed that the figures relate to 'forecast foreign TV revs', not all TV revenues. I presume therefore that there is a further £1.66bn revenue to add to this to make the final amount that the EFL would be entitled to 25% of (I am further presuming that the EFL would receive no element of anything that the 'big six' sell directly). The UK element looks like £2.6m per League One club - minus any amount for any reduction in the achievable revenue from the smaller number of games available.. Then there is the existing deal to come off the total. So maybe £3.4m minus whatever they were getting already and any reduction in the UK broadcasting TV deal.