The lucrative nature of the BT Sport TV deal that provides millions in annual revenues for both Everton and Liverpool won't be impacted despite the broadcaster confirming their intentions to create a new business.
BT Sport have partnered on broadcast rights with the Premier League since the channel was formed in 2013 and, along with Sky TV and Amazon Prime Video, rolled over the domestic rights for another three years last year, a move that gave some much-needed financial certainty to Premier League club owners.
The domestic deal is worth some £5bn per season, with BT Sport paying around £385m per season to broadcast 52 Premier League games, as well as being the British rights holder for the hugely lucrative UEFA Champions League and also the Europa League and Europa Conference League.