Premier League prize money 2023/24: How much Wolves and every club earned as Man City win title
For many Wolves fans the real success this season was staying clear of trouble and finding any positives in a season that threatened to be a troublesome one.
Julen Lopetegui’s quick dash to the exit doors led to the underwhelming appointment of Gary O’Neil, a decision that wasn’t a popular one with the Wolves faithful.
Little did they know that the season was going to far exceed their expectations with O’Neil steeling his side and building a team spirit and work ethic that made them a tough nut to crack, and gave fans many positives to give them hope of the future when the club is free of the current FFP situation.
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A 14th place finish will also have been worth around £130m to Wolves, if last season’s prize payouts are anything to go by. The earnings are anticipated to be similar to last season’s totals.
It was another season packed with drama, controversy and unexpected turns has concluded with Manchester City securing their fourth consecutive Premier League title, while the three promoted clubs are heading back to the Championship.
However, all 20 teams will have earned over £100m in prize money for their efforts over the past 10 months, reinforcing the Premier League’s status as a financial powerhouse in football.
Even Sheffield United, who have had one of the worst seasons in Premier League history, are expected to receive a nine-figure sum despite finishing at the bottom and conceding over a hundred goals. This is largely due to the unparalleled global broadcast revenue of the Premier League.
Each club gets nearly £80m in equal share payments – essentially a dividend from the billions generated from TV deals worldwide – and this is supplemented by a basic commercial figure of just under £10m. Clubs also receive a facility fee of around £900,000 for every match they play live on UK TV, reports the Mirror.
The significant difference lies in merit payments, which are awarded on a sliding scale based on the final league position. Last season, and likely to be similar this year, each place was worth £3.1m – ensuring the champions earn £62.3m.
Before even considering the financial windfall of reaching the Champions League, which can add another £100m to a club’s coffers depending on their performance in the subsequent season, merit payments also ensure that clubs stuck in mid-table for several weeks shouldn’t have been daydreaming about their summer holidays.
The Premier League won’t disclose the precise payouts until early 2025 when they release their annual report, but the figures below, based on last year’s confirmed prize money, are unlikely to have shifted significantly by position.
Premier League payments.
1st Manchester City £176.2m.
2nd Arsenal £172.2m.
3rd Liverpool £168.3m.
4th Aston Villa £164.3m.
5th Tottenham £162.9m.
6th Chelsea £149.7m.
7th Newcastle £148.3m.
8th Manchester United £151.9m.
9th West Ham £138.7m.
10th Crystal Palace 138.1m.
11th Brighton £133.3m.
12th Bournemouth £137.7m.
13th Fulham £124.6m.
14th Wolves £129m.
15th Everton £117.5m.
16th Brentford £118.6m.
17th Nottingham Forest £120.5m.
18th Luton Town £114m.
19th Burnley £111.7m.
20th Sheffield United £103.6m.
(Figures based on last year’s confirmed prize money).
