All You Need to Know About English Premier League Prize Money 2020
English Premier League Prize Money: The Premier League, also referred to as the English Premier League is the highest level of the English football league system. Challenged by 20 clubs, it operates on a system of promotion and relegation with the English Football League. This article is all about English Premier League Prize-money and other perks that come with winning the English Premier League.
The Premier League is seen as an organization in which the member clubs act as shareholders. Seasons run from August down to May with each team playing 38 matches.
Most games are played on Saturday and some Sunday afternoons. The Premier League has presented about 47 English and two Welsh clubs since its inception, making it a cross-border league.
Well, the 30th season of Premier League is presently underway in Europe and the officials of Premier League finally announced the amount of prize money for season 2019/20.
Along with these details, the Premier League has also publicized the money distributed among the teams in terms of TV funds.
The Premier League management has made an enormous rise in the prize money of this event as the Champions of this tournament will take home figures amounting to £150 million.
Premier League Last Season Prize Money
In last season on the behalf of the very impressive performance, Mancheter City which succeeds to win the title of champions had earned £ 38 million as prize money.
The total amount for Premier League including TV funds is nearly £8.36 Billion for three years which includes both domestic and overseas matches.
So the calculation shows that around £2.6 billion a season to be distributed among premier league clubs (part of it will be used as parachute payments to relegated clubs). So the prize money pool for 2019-20 season will be around £2.5 billion and here is how the distribution model works in premier league.
Premier League Domestic TV Money
The domestic portion of the money will be divided among 20 clubs according to following model.
- 50% divided equally (Thats around £38 million each for all 20 clubs)
- 25% Merit based: divided according to final league position in 2019-20 season (Thats around £2 million for 20th place team rising higher by £2m for every position all the way to £24 million for the champiosn)
- 25% is divided as facility fee: to all clubs depending on how many times teams match was shown live. (thats around £1 million for every live game or guaranteed £10m if a team only had 10 or less live matches)
Premier League Overseas TV Money
The overseas match of all 20 emerging clubs of Premier League includes £ 47 Million and this amount is distributed equally among the clubs of this event.
The 2019/2020 Premier League Season
Premier League has confirmed the TV money distribution and prize money for the 2019-20 season and the eventual winners of this year’s premier league title will take home more than £150 million.
While the bottom clubs are also set to take home over £100 million.
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