Member

In order to apply to trigger the backstop, at least one of the four conditions outlined in this clause must be met. For example, one of the outlined conditions is that a specified five-year period has passed since the last distribution agreement came into force. This prevents the industry going for an extended period without a deal. Each of the conditions is designed to mitigate a specific risk to the sustainability of the pyramid in this way, whether it be a reduction in distributed revenue or a significant change in circumstance. We think these conditions present a suitably high threshold for triggering the process, ensuring that it is used as a last resort and the leagues are encouraged to find a football-led solution in the first instance.