REVEALED: Premier League clubs will split whopping £2.5BILLION in central funds and prize money for this season… despite having to pay £223m back to Sky Sports and BT Sport due to Covid disruption last campaign
- Premier League clubs will split £2.5billion in central funds and prize money
- Champions Manchester City will get £154m, with Sheffield United getting £91m
- Sky Sports and BT Sport will be repaid £223m for disruptions due to Covid-19
The Premier League’s 20 clubs are expected to split slightly more than £2.5billion in central funds and prize money for the 2020-21 season, with champions Manchester City set to receive around £154m and bottom-place Sheffield United around £91m, Sportsmail can reveal.
These figures are net totals after the deductions of rebates that the clubs need to pay back to broadcasters due to the Covid disruption of the 2019-20 season.
The League made a deal last summer to repay £330m. Sportsmail can reveal that a £107m chunk of that sum, due to overseas broadcasters, was paid in July last year and deducted from last season’s PL prize money.
Premier League clubs will share £2.5bn in funds and prize money, with Man City getting £154m
The £223m balance, owed to domestic broadcasters Sky Sports and BT Sport, will be paid back in two instalments.
The first is due this summer, with an agreement to hold off the final instalment until the 2021-22 season has concluded.
Premier League officials agreed the staggered rebate payments to protect the cashflow pressure on clubs who are already reeling from a loss of matchday income.
Our accompanying table is a forecast of how much PL money each club is likely to receive this season, before and after the rebate cash is deducted. The figures are modelled numbers based on allocation methods from previous seasons.
Clubs get more money the higher up the table they finish, plus a bigger ‘facility fee’ the more often they are shown live on TV in the UK.
Under the Sky and BT contracts, 200 of the 380 games this season were due to be shown live in the UK. All 380 games were broadcast due to the pandemic but the facility fees are still calculated on the 200 games the broadcasters would have shown in a normal season.
The specific rebate amounts due from each club have not been published — but are based on last season’s finishing positions. The more a club earned in PL cash last season, the higher the rebate.
Sky Sports and BT Sport are to be repaid £223m because of disruption due to Covid-19
No club will have to pay back more than £25.4m in total — equivalent to three payments of just over £8m.
Clubs outside of the Premier League in 2019-20 who were still receiving parachute payments agreed to rebate contributions ranging from £1m to £2.6m.
These included both Fulham and West Bromwich Albion, but not Leeds. That is why Fulham and West Brom’s rebates this summer are the smallest, and Leeds’ is zero. The Premier League declined to comment on the rebate plan.