EFL Championship TV Deal Worth 595 Million (Explained)

Recently EFL has made their official £595 Million TV Coverage contract with Sky Sports and after that Sky Sports has become the official broadcasting channel of Championship to League 1 and League 2 for the upcoming five years. After purchasing worldwide Broadcasting Rights Contract, Sky Sports will now telecast 138 games from each season of this tournament. As per reports, many clubs of EFL were against this TV Deal but at the end no other TV Channel showed off their interest in this event and EFL without any option agreed to accept 5 years contract with Sky Sports. Under this Deal, Sky Sports will pay around 119 year annually whereas this contract will start from 2019 and ended on 2024.

Apart from EFL Deal, Sky Sports have also purchased telecasting rights of Caraboa Cup 15 matches including play offs, Semi Finals and Final. In addition to this Sky Sports will also broadcast Live Coverage of Checkatrade Trophy. The current deal of Sky Sports with EFL includes massive amount of money as compare to their deal with Premier League. As Sky Sports and BT Sports are paying nearly £10 to £12 million for each match to Premier League under their current TV Contract.

Sky Sports Grabs The Rights

It is clear that EFL was running out of options as all other major Sports Channels failed to made any kind of impressive bids and EFL in compulsion accepted the offer of Sky Sports. According to sources almost 15 clubs of this tournament were against this deal but without any alternatives, all these clubs finally agreed to accept Sky Sports proposal but they forced to made 1 year contract. But EFL has made 5 years contract with Sky Sports for £595 million and it might be possible some clubs will show their bad behavior in Championship during the upcoming years.

EFL TV Rights Deal With SkySports (Details)

TV Deal Period ?	2019-2024
How Much Its Worth?	£595 Million over 5 years (thats £119 Million a year)
What SkySports get with the deal ?	SkySports can show 138 EFL matches including all playoffs from Championship, League one and League two. Caraboa Cup 15 matches plus Semifinal & Finals of Checkatrade Trophy. Minimum 20 league games from League one and League two every year.
What Club Get ?	The new deal see 30% increase on the previous TV deal which means clubs in England lower tier get bigger numbers in TV money. Championship clubs can show their games live through their own channels.
Extension ?	SkySports do have an option to extend the live league games to 158 per season in last two years of the deal

As per Details, Sky Sports will provide Live Telecast of different matches of Championship, League One, League Two Division, The Carabao Cup and Checkatrade Trophy competitions along with promotion play-offs until May 2024. Sky Sports will broadcasting 16 Championship Matches on Tuesday and Wednesday evenings whereas eight addition 2^nd tier games on those same evenings. Sky Sports also have right to increase the number of telecasting matches from 138 to 158 but for this they have to notify EFL before July 2021.

Currently EFL is earning around £90 million annually revenue from TV Coverage whereas it is expected that their revenue will increase to £119 million in the upcoming season. But Clubs included in 2^nd tier are get very low TV Coverage fee as they are receiving around £2 million along with £10.8 million share depend on the number of matches telecast on TV.