Premier League clubs are set to write off £43million by cancelling their new Russian television contract this week.
Sportsmail has learned that the Premier League’s three-year deal with Match TV, which was due to start next season, will officially be scrapped at the clubs’ AGM in Harrogate on Thursday.
The Premier League had already responded to Russian’s invasion of Ukraine by suspending their previous TV deal with Rambler Media in March, but that contract was coming to an end anyway and was only worth £6m a season.
The new deal with Match TV was due to begin in August, but the Premier League have opted to walk away before the contract has started in a move that will cost each club millions.