Manchester City under Pep Guardiola have emerged as the Premier League champions with their most expensive squad.
However, it will be their city mates and rivals Manchester United who would be sitting pretty with the biggest share of the 2017-18 season broadcast and central Premier League revenues distribution. This is confirmed by the Premier League.
The top division of English club football has disbursed a total of £2,419,583,748 ($3.29 billion) to the clubs for the second season of the current rights cycle, compared to £2,398,575,773 in 2016-17. The Premier League revenue distribution is based on a system whereby 50 per cent of UK broadcast revenues are equally shared (£34,812,558 in 2017-18); 25 per cent shared based on how often a club’s matches are broadcast in the UK, also known as facility fees; and 25 per cent shared based on where a club finished in the league table through merit payments.
The central commercial revenues are equally shared by clubs, which amount to £4,838,892 per team for last season; as are international broadcasting revenues, which amounted to £40,771,108 per club in 2017-18.
ManU, with a total payment of £149,767,145, has topped the revenue sharing chart. The richest haul was on account of the 28 UK live matches, two more than City, resulting in facility fee payments of £32,650,495 compared to its rivals’ £30,390,736. City received a total payment of £149,438,654, with its merit payment amounting to £38,625,360 for finishing as champion.
Liverpool also had 28 UK live games, allowing it to finish third in the revenue table with £145,904, 609. Tottenham Hotspur had 25 UK live games and gained £144,446,238. West Bromwich Albion finished bottom of the league to be relegated to the Championship but still picked up £94,666,492 in payments. Chelsea secured a payment of more than £150.8m for winning the Premier League in 2016-17.
The information on Premier League revenue breakup came after multiple reports last month said clubs will be required to make a final decision this June at AGM on the proposed reforms in the broadcast and revenue sharing model. The clubs had remained at loggerheads since last year over 2019-22 overseas broadcast revenue must be resolved at its annual general meeting in June.
The Premier League’s plans, called ‘big six’, announced in October last year was not received well among the clubs. The plans were suspended by the top division league organisers as no consensus was reached. The Premier League cancelled a meeting of shareholders scheduled for October 25 as it became apparent that opposition to the plan would mean that no deal would be reached.
Premier League executive chairman, Richard Scudamore, had unveiled a proposal suggesting that 35 per cent of the global rights revenue should be divided between the clubs based on their final league position. Currently, the rights income is split equally between the 20 clubs, but the six richest clubs – Arsenal, Chelsea, Liverpool, Manchester City, Manchester United and Tottenham Hotspur – have reportedly been pushing for a larger share.