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Payday: The Barclays Premier League and Prize Payouts: Link

Posted: Mon May 05, 2014 3:25 pm
by NigerianPrince
http://www.therichest.com/sports/soccer ... e-payouts/ ---> Link to view. Thank you.

As quoted from the article, "Just how much a club can earn from winning the league is set to increase dramatically for the 2013/2014 season. This pay hike can be attributed to recent bids for the rights to televise league games. Sky Broadcasting and the BT Group, two giants in the British telecommunications industry, have obtained the broadcast rights for the EPL for a staggering £1 billion ($1.65 billion). This potentially means that future league winners are now in a position to pocket as much as £100 million ($165 million) when they lift the trophy at the end of the season."

In reference to UEFA Champions League:
"In conjunction with television money, winning the UEFA Champions League can net over €60 million ($82 million) for a club and provide automatic qualification in the next year’s competition. Payouts for participants will increase over the years to come, especially given the BT Group’s successful bid of £900 million ($1.48 billion) to secure television broadcast rights. As success in the EPL ensures a chance to play in the Champions League, it further explains why clubs spend so much on player transfers in the summer and January."

Peace and God bless,
from the one and only,
NigerianPrince...