WWE fans watching Money in the Bank issued £1,000 warning even if they have Netflix subscription

WWE fans tuning in for Money in the Bank on Saturday night have already warned about conditions to watch the event - even if they have a Netflix subscription.

WWE's programming moved to the streaming service at the start of the year after a game-changing £4 billion deal was agreed.

It kicked off with stacked live episodes of Monday Night Raw, SmackDown and NXT, with massive Premium Live Events like the Royal Rumble, the Elimination Chamber and WrestleMania being shown on the platform all around the globe.

Next up is Money in the Bank at the Intuit Dome in Inglewood, where two ladder matches for the coveted championship contracts will take place as well as a tag team bout pitting John Cena and Logan Paul against Cody Rhodes and Jey Uso.

Netflix is the exclusive home for WWE in the United Kingdom and viewers can watch all the action without any added cost as long as they have a Netflix subscription.

WWE fans issue £1000 Netflix warning

However, WWE diehards in the UK do have to be a little careful in making sure they are compliant with an important law.

On these shores, holding a valid TV licence is mandatory in order to consume any live event at the time it is broadcasted, with the TV Licensing website clarifying that it refers to anything that is "live on streaming services".

WWE's Money in the Bank event takes place at the Intuit Dome in Inglewood. Image: Getty

Anyone getting up in the early hours to watch Money in the Bank as it happens needs to have paid for a TV licence and could face a fine of up to £1,000 plus courts if they do not.

that could see them face a fine of up to £1,000 plus court costs, should they neglect it.

Daniel McAfee, Head of Legal Operations at Lawhive, said: "Under UK law, any live television broadcast requires a valid TV licence, regardless of the streaming platform.

“We have a duty to enforce the law when there is evidence that someone has avoided paying for a TV Licence."

How much does a TV licence cost?

According to the TV licensing website, a TV licence costs £174.50 per year and can be bought as a single purchase or in installments through a direct debit.

Difference licences are available for hospitality businesses, while anyone living in a care home or sheltered accomodation could be eligible for a significantly discounted fee.

Viewers watching TV in black and white without any colour only have to pay £58.50, while someone registered blind can apply to pay a reduced £87.25.