The Premier League has announced that more than £1billion from the recent record-breaking sale of UK live broadcast rights is set to be shared outside the competition between the 2016-17 and 2018-19 seasons.
Last month, it was revealed that Sky Sports and BT Sport had agreed to pay a combined sum of £5.136 billion for the rights to live Premier League football over a three-season period from the season after next.
And the Premier League is now planning to share around 20 per cent of that sum among a range of beneficiaries, providing there is a "satisfactory outcome" to forthcoming international sales and an ongoing regulatory process relating to how the UK rights were sold.