PREMIER LEAGUE

PREMIER LEAGUE PREMIER LEAGUE

15.05.2013 Views

SECTION D: THE LEAGUE – FINANCE D.8.1. to do so would result in the Club being in breach of a contractual obligation entered into before the date of the Article 49 Resolution authorising or approving it; or D.8.2. such Commercial Contract and/or Title Sponsorship Contract has not been entered into by the League within 6 months of the Article 49 Resolution relating to it. Accounting Practice Old Rule D.9. Subject to Rule D.10, all income of the League shall be allocated to its financial periods in accordance with generally accepted accounting practice. C.28 D.10. Notwithstanding the foregoing provisions of Rule D.9, advances received or early payment of other contracted accounts may be treated as income of the financial period in which they are received provided that in each case a Resolution is passed to that effect. Operating and Other Expenses Old Rule D.11. The operating and other expenses of the League and the League shall be paid, at the discretion of the Board, out of Overseas Broadcasting Money, Commercial Contract Money, Radio Contract Money, Title Sponsorship Money or any other income of the League excluding UK Broadcasting Money. C.30 D.12. Subject to the prior approval of Clubs in General Meeting, the Board shall be empowered to require Clubs to pay to the League from time to time any sum by which its income, excluding UK Broadcasting Money, falls short of the operating and other expenses of the League. Transmission of League Matches Old Rule D.13. No Transmission shall be made of any League Match except: D.13.1. in accordance with any UK Broadcasting Contract or Overseas Broadcasting Contract; or D.13.2. as permitted by Rules K.42 and K.43; or D.13.3. in accordance with the terms of any express licence or permission issued in writing by the League. C.32 D.14. No Radio Transmission shall be made of any League Match except in accordance with: D.14.1. any Radio Contract; or D.14.2. any Club Radio Contract; or D.14.3. the terms of any express licence or permission issued in writing by the League. Distribution of UK Broadcasting Money Old Rule D.15. The League shall pay out of UK Broadcasting Money: D.15.1. such sums as may be agreed from time to time shall be payable to the Professional Footballers’ Association for Players’ educational, insurance and benevolent purposes; and D.15.2. any other sum approved by a Resolution. C.34 C.29 C.31 C.33 95 PREMIER LEAGUE RULES: SECTION D

PREMIER LEAGUE RULES: SECTION D SECTION D: THE LEAGUE – FINANCE D.16. The balance of UK Broadcasting Money shall be divided so that: D.16.1. one half shall comprise the Basic Award Fund; D.16.2. one quarter shall comprise the Merit Payments Fund; and D.16.3. one quarter shall comprise the Facility Fees Fund. Each of the Basic Award Fund and the Merit Payments Fund shall be divided into such number of shares as shall be required in either case to put into effect the provisions of Rules D.17.1, D.17.2 and D.27 and the Facility Fees Fund shall be distributed in accordance with the provisions of Rule D.17.3. D.17. In consideration of Clubs providing such rights, facilities and services as are required to enable the League to fulfil any UK Broadcasting Contract: D.17.1. subject to Rules E.21, E.30 and E.34, the Basic Award Fund shall be distributed by way of fees so that each Club receives 1 share and each Relegated Club the percentage of 1 share set out in Rule D.27; D.17.2. as soon as practicable after the end of each Season, subject to Rules E.21 and E.30, the Merit Payments Fund shall be distributed by way of fees in accordance with the following table: End of Season League position Number of shares 1 20 2 19 3 18 4 17 5 16 6 15 7 14 8 13 9 12 10 11 11 10 12 9 13 8 14 7 15 6 16 5 17 4 18 3 19 2 20 1 D.17.3. The Board shall in respect of each Season determine the amounts to be paid to Clubs by way of facility fees for League Matches which are televised live or of which recorded excerpts are broadcast. During or after the end of each Season, subject to Rules E.21 and E.30, such facility fees shall be paid out of the Facility Fees Fund to those Clubs which have participated in each of such League Matches, whether as a Home Club or a Visiting Club. 96 C.35 C.36

<strong>PREMIER</strong> <strong>LEAGUE</strong> RULES: SECTION D<br />

SECTION D: THE <strong>LEAGUE</strong> – FINANCE<br />

D.16. The balance of UK Broadcasting Money shall be divided so that:<br />

D.16.1. one half shall comprise the Basic Award Fund;<br />

D.16.2. one quarter shall comprise the Merit Payments Fund; and<br />

D.16.3. one quarter shall comprise the Facility Fees Fund.<br />

Each of the Basic Award Fund and the Merit Payments Fund shall be divided<br />

into such number of shares as shall be required in either case to put into effect<br />

the provisions of Rules D.17.1, D.17.2 and D.27 and the Facility Fees Fund shall<br />

be distributed in accordance with the provisions of Rule D.17.3.<br />

D.17. In consideration of Clubs providing such rights, facilities and services as are<br />

required to enable the League to fulfil any UK Broadcasting Contract:<br />

D.17.1. subject to Rules E.21, E.30 and E.34, the Basic Award Fund shall be<br />

distributed by way of fees so that each Club receives 1 share and each<br />

Relegated Club the percentage of 1 share set out in Rule D.27;<br />

D.17.2. as soon as practicable after the end of each Season, subject to Rules E.21<br />

and E.30, the Merit Payments Fund shall be distributed by way of fees in<br />

accordance with the following table:<br />

End of Season<br />

League position Number of shares<br />

1 20<br />

2 19<br />

3 18<br />

4 17<br />

5 16<br />

6 15<br />

7 14<br />

8 13<br />

9 12<br />

10 11<br />

11 10<br />

12 9<br />

13 8<br />

14 7<br />

15 6<br />

16 5<br />

17 4<br />

18 3<br />

19 2<br />

20 1<br />

D.17.3. The Board shall in respect of each Season determine the amounts to be paid to<br />

Clubs by way of facility fees for League Matches which are televised live or of<br />

which recorded excerpts are broadcast. During or after the end of each Season,<br />

subject to Rules E.21 and E.30, such facility fees shall be paid out of the Facility<br />

Fees Fund to those Clubs which have participated in each of such League<br />

Matches, whether as a Home Club or a Visiting Club.<br />

96<br />

C.35<br />

C.36

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