As Liverpool is confirmed as Premier League champion, the Reds should be online for a great payday as a result, though the amount will drop from the regular amount.
The best flight in the English game is considered the most lucrative soccer league in the world, with Forbes reporting a total payout of £ 2.46 billion last season.
Before the 2019/20 campaign, a new three-year entitlement cycle began and the overall payment was expected to potentially increase by more than £ 180 million.
Mirror Online report due to the impact of COVID-19 and the resulting crash, this year’s champions will receive a reduced number due to decreased broadcast revenue and game days.
Jurgen Klopp’s men will continue to earn the highest possible bonus, which will drop by 14% to £ 54 million, and the money will drop by around £ 2.7 million per place for the teams below them in the league table, according to an article in The Times.
The season ended without the attendance of fans, which means that the clubs have lost ticket sales and the running costs for match days have also been different.
Only payments to performance-dependent clubs will be affected, so champions can still collect a total of £ 175 million after lifting the Premier League trophy for the first time last week.
Below is a breakdown of the prize money for Premier League clubs.
The Premier League prize money is broken down as follows:
Equitable portion – 50% of the fund is distributed equally among the 20 clubs.
Installation fees – 25% is allocated based on the number of club matches broadcast in the UK
Merit Payments – This is the payment based on the final position in the league table
Central business income – shared between all the clubs
International transmission revenue – The Premier League is unique in that it equally splits the big money earned from selling broadcast rights to games abroad. A great boost for all clubs.
Last year, each club received payments of £ 34 million in equal shares, £ 43 million in international television rights and £ 5 million in core business revenue.
Manchester City, which won the league last season, earned £ 38.4m in merit payments and £ 30m in facility fees.
Liverpool took home more than £ 152 million despite finishing second as the Reds had more live televised games. They received £ 36.5m for being finalists.
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