The BBC has been awarded six out of the seven Premier League radio packages for the next three years.
The packages cover live commentary rights from August 2007 until May 2010, with this the first time they have been split in such a way.
Radio packages are divided by kick-off time, in a move that replicates the division of TV coverage, and no one company could win all seven packages.
TalkSport won the seventh package - the second pick of a Saturday game at 3pm.
BBC director of sport Roger Mosey said he had tried to balance the interests of the licence-fee payers with the rising price of football rights.
"Figures for television rights have undergone massive inflation and there hasn't been the same massive jump in the radio market," Mosey told BBC Five Live.
"But we are paying tens of thousands of pounds per game and that's because we think Five Live audiences want to hear live football commentary."
Premier League chief executive Richard Scudamore said: "These deals offer fans a full and comprehensive programme covering 224 matches a season on national radio as well as clubs featuring live audio commentary of all their games via their official websites."