The latest accounts for the Premier League show that the company can boast a staggering £1.6billion sitting in its bank account, a rise of £293million over 12 months.

The full accounts, made up to July 31 2017, were made available via Companies House on Thursday. They show that the company further possesses assets totalling a £2.57bn.

Turnover has risen by £930million, from £2.04bn in 2016, to an all-time high of £2.97bn.

Chief executive Richard Scudamore, who has been in his position since 1999, was paid £2.56m in terms of yearly salary, a figure that is down on the £3.45m (including bonuses) he earned the previous year.

His counterpart with the Football League, Shaun Harvey, was paid £357,000, while PFA chief Gordon Taylor last week had his £2.2million salary labelled as 'scandalous'.

The Football Association Premier League Ltd (FAPL) paid out over £16.7m to its 131 employees. By contrast, the Football League paid its 75 employees £4.25m.

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The companies' operating expenses will unquestionably come under scrutiny, however they show that far more money has been spent on 'charitable activities' than in the previous year; £74million was paid out, double the £37m spent in 2016.

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Almost £100million was filtered down to the Football League and beyond via solidarity payments. A further £19million came from the vast pot and was paid to "other wider football support" - or what fans may consider as traditional 'grassroots' ventures.

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It is Scudamore who must sell the remaining TV rights packages, with the Premier League are also reportedly continuing discussions with Amazon over potentially live streaming matches.

Five of seven TV packages for the new domestic rights deal were recently sold to Sky and BT, for a total price of £4.46bn - but the fate of the remaining pair remain unclear.

Sky purchased four of the five packages sold at a cost of £3.6bn - 16 percent less than their last deal (£4.1bn) - as what had previously been seen as a runaway TV market appears to settle.

“Sky has chosen to pay £1.193bn per annum under the terms of the new deal,” the company said in a statement, “down £199m per annum, a 16 per cent cost reduction per game versus the current agreement.”

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The league has cited “multiple bidders” as being interested in the two remaining packages, which allow the entire fixture list of 10 matches to be broadcast simultaneously, four times per season. BT Sport have also claimed an interest.

But Amazon are still testing the water with regards online content and while the company have been estimated to be spending over £3bn on original content, there are major questions over whether they will make a move this time around.

If they don’t then that will pave the way for BT to hoover up the remaining packages, presenting them in a similar fashion to its group stage coverage of the Champions League.

However, industry insiders believe Premier League chiefs would prefer to sell to Amazon for their Amazon Prime subscription service - as the league ponders the future and potentially its own move into showing matches via its own channel.