Menu
Finance

Chelsea Earned Record $151M In Prize Money For English Premier League Title

Chelsea’s EPL title success earned it £99M ($151M) in total prize money per official figures -- "the most ever earned by a single club in one season from central funds," according to Nick Harris of the London DAILY MAIL. The precise sum was £98,999,554, made up of £24.9M ($38M) "merit" cash for finishing top of the table, £19.98M ($30.6M) "facility fees" for being in so many live TV games, plus equal shares of the domestic TV deal -- nearly £22M ($33M) -- overseas TV deals (£27.8M) ($42M) and commercial income from the league's sponsors, such as Barclays (£4.4M) ($6.7M). Man City was second in the table and is second in the cash league with £98.5M ($150.9), but ManU is the next highest earner (£96.8M) ($148M) despite finishing fourth because it was live on TV more than third-placed Arsenal, which is fourth in the money table with £96.5M (147M). The 20 clubs involved in the '14-15 season will split £1.6B ($2.4B) in league cash for the campaign, from Chelsea at the top down to the lowest earners, QPR, which takes £64.9M ($99.4M) "for finishing rock bottom." This "is the biggest sum ever earned by a bottom-placed club." The merit money is split depending on finishing position, with QPR getting £1.2M ($1.8M) finishing in 20th place, "and the clubs above getting that sum multiplied by the number of places they finished above QPR," up to Chelsea’s merit money of £24.8M ($38M) for first place (DAILY MAIL, 6/2). In a separate piece, Harris wrote the payments "always provoke debates about whether the spread of money is fair." Chelsea earned just 1.53 times as much as QPR and "this is the smallest -- and fairest -- ratio in any major league." Even in Germany, seen as a model league of fairness, "the ratio is closer to two to one, or in other words the top club gets twice the bottom club’s money from central funds." Chelsea would have earned nearly £34M ($52M) more "if prize money was based on points." ManU would have earned more than £140M ($214M) "if prize money was based on popularity" (DAILY MAIL, 6/3).

Source: EPL

SBJ Morning Buzzcast: April 25, 2024

Motor City's big weekend; Kevin Warren's big bet; Bill Belichick's big makeover and the WNBA's big week continues

TNT’s Stan Van Gundy, ESPN’s Tim Reed, NBA Playoffs and NFL Draft

On this week’s pod, SBJ’s Austin Karp has two Big Get interviews. The first is with TNT’s Stan Van Gundy as he breaks down the NBA Playoffs from the booth. Later in the show, we hear from ESPN’s VP of Programming and Acquisitions Tim Reed as the NFL Draft gets set to kick off on Thursday night in Motown. SBJ’s Tom Friend also joins the show to share his insights into NBA viewership trends.

SBJ I Factor: Molly Mazzolini

SBJ I Factor features an interview with Molly Mazzolini. Elevate's Senior Operating Advisor – Design + Strategic Alliances chats with SBJ’s Ross Nethery about the power of taking chances. Mazzolini is a member of the SBJ Game Changers Class of 2016. She shares stories of her career including co-founding sports design consultancy Infinite Scale career journey and how a chance encounter while working at a stationery store launched her career in the sports industry. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Global/Issues/2015/06/04/Finance/Chelsea-prize-money.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Global/Issues/2015/06/04/Finance/Chelsea-prize-money.aspx

CLOSE