Richard Masters says pandemic will cost PL almost £2billion by end of season

The coronavirus pandemic will have cost the Premier League close to £2billion by the end of the season, its chief executive Richard Masters has said, but he hopes to start next season with full stadia. Saturday marks a year since the suspension of the English professional game because of the Covid-19 outbreak, leaving the league open to demands for rebates from broadcasters and its clubs unable to welcome spectators to any meaningful level since.

Video Transcript

RICHARD MASTERS: Well, I think Project Restart felt like a sprint, you know. We played a lot of matches in a five-week period after a long layoff. It was a challenge. This feels more like a marathon. The schedule we've put in front of the clubs and the players is pretty brutal. They're playing a full Premier League fixture list, European competition, the two cup competitions as well, all in a truncated period. It's a big challenge.

Well, there have been very significant financial losses, not just in the Premier League, but throughout the football pyramid. Towards the end of this season, I think we'll get towards 2 billion pounds lost since the start of the pandemic in match day revenue and broadcast revenue.