Tuesday 21 February 2017

The breakdown of Norwich City's €190m promotion to the Premier League

Published 26/05/2015 | 14:55

Russell Martin held the trophy aloft after Norwich claimed their play-off final win at Wembley
Russell Martin held the trophy aloft after Norwich claimed their play-off final win at Wembley

A season in the Premier League is worth at least £62m (€88m) even to the club finishing bottom of the table.

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Even if a club is relegated they are guaranteed a further £73m (€103m) over four years in parachute payments. Parachute payments are likely to increase for the 2016/17 season and be paid over three years.

The amount of TV and prize money depends on where a club finishes in the table and how often they are shown in a live TV match.

Facility fees for live TV games are around £780,000 per match with a minimum payment of £7.8m (€11m).

Prize money is a minimum of £1.24million, rising by the same sum for each league place up to around £25m (€35m) for the champions.

Some TV money is shared equally - every club receives around £21.5million for an equal share of domestic rights, £26m (€37m) for an equal share of overseas rights and £4.3m (€6m) for a share of central commercial income.

Last season's bottom club Cardiff received £62.1million from their one-season stay in the top flight.

The new £5.1billion domestic TV deal that comes into effect from the 2016/17 season is a 64pc increase on the current deal and clubs' incomes are likely to rise by the same proportion meaning the bottom club could be guaranteed £150m (€211m) from that season.

Press Association

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