The Premier League season is drawing to a close, Wolves’ eight-year stay is coming to an end as the table adopts a new look with Arsenal at the top of the table and each club pockets prize money based on their placement.
Arsenal earned more than £50m thanks to their finish as Premier League champions, while relegated Wolves earned less than £3m.
The Gunners have had a memorable week celebrating being champions and from a financial perspective their season could be even more successful heading into the Champions League final against PSG in six days’ time.
Every club playing in the top flight saves over £100m just by playing, the majority of which is made up of broadcasting revenue. Around £90 million of this will be made up of international and domestic broadcast revenue, which will be divided equally between the teams. In addition, both sides will receive approximately £7.9m from the Central Commercial Revenue Source.
Merit allowances are awarded based on finishing position, starting at £54 million for the champions and dropping to just £2.7 million for the team finishing last.
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Arsenal therefore ended their 22-year wait for the title with the most money saved up. Their champion status was confirmed in midweek, when they easily defeated Crystal Palace. The match, which was Josep Guardiola’s last game in charge, earned the team £54m, with runners-up Manchester City receiving £51.3m.
Aston Villa finished fourth, but this was one of the positions that needed to be decided on the final day. They have saved £45.9m, £2.6m more than Liverpool, who settled in five to 12 months after being named champions.
Below that, the battle for Europe was one of the final day’s most interesting subplots, with Bournemouth securing sixth place and £40.5m after Andoni Iraola left for a high price. Sunderland have completed an excellent first season back in the top flight and will play in Europe, earning £37.8m for their last place. Both will play in the Europa League.
Tottenham, who are bottom of the table, got the result they needed against Everton and secured their survival on the final day. Finishing 17th only netted them £10.8m, but given the wealth that comes with being a Premier League team, they actually made well over £100m.
Conversely, West Ham, who beat Leeds, will take home £8.1 million in the Championship, but their income will be drastically reduced as they are in the second tier. The parachute payment means they will receive 55% of the Premier League’s equally-shared broadcasting income, or around £46m, but if it is not returned immediately, that income will continue to decline.
Prize money based on Premier League ranking
1. Arsenal – £54m
2. Manchester City – £51.3m
3. Manchester United – £48.6m
4. Aston Villa – £45.9m
5. Liverpool – £43.2m
6. Bournemouth – £40.5m
7. Sunderland – £37.8m
8. Brighton – £35.1m
9th Brentford – £32.4m
10. Chelsea – £29.7m
11. Fulham – £27m
12th Newcastle – £24.3m
13th Everton – £21.6m
14. Leeds – £18.9m
15. Crystal Palace – £16.2m
16. Nottingham Forest – £13.5m
17. Tottenham – £10.8m
18th West Ham – £8.1m
19th Burnley – £5.4m
20. Wolves – £2.7m
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