The Premier League's top six teams are in line to be handed a greater proportion of the competition's prize money, according to a new report.
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- Big clubs will receive more prize money
- Could reignite tensions amongst clubs
- Everton recently deducted 10 points
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Table of Contents
ToggleWHAT HAPPENED?
Per the Daily Telegraph, the Premier League's top six clubs are set to be handed a greater proportion of revenue in a move that could further shift the power balance in the competition towards those at the top-end. Champions Manchester City earned £161m last season, while 20th-placed Southampton earned £100m. The ratio is currently 1.6 to one, but the league are planning to increase it to 1.8, which would net the biggest clubs tens of millions more.
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THE BIGGER PICTURE
The change could take place from the 2025-26 campaign, and the rise is due in part to high rates of inflation across Europe. The move will be a part of the New Deal for Football, which must still be voted on by clubs. In addition to the new rate, £130m could be allocated towards lower-league clubs.
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DID YOU KNOW?
The Premier League set a new record for spending in the summer, splurging a staggering £2.36 billion ($2.36bn). Were the prize money to increase, one has to think that spending will only increase in future windows.
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WHAT NEXT?
Premier League clubs will vote on the proposed deal. More than half of them must agree for it to pass. As we approach the half-way point in the 2023-24 season, City are back at the top of the league with 28 points from their opening 12 games.
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