Man United earn over £60m from TV money
Tue 24th May 2011 | Money & Finance
Manchester United’s title winning season has seen them earn a massive £60,429,052 according figures released today.
The huge financial rewards on offer to clubs playing in the Premier League were revealed on sportingintelligence.com today showed that United broke through the £60m barrier for the first time.
Blackpool, who were relegated on the final day by United at Old Trafford picked up nearly £40m from Premier League TV money.
Every club got £13.82m as an equal share of domestic TV income, plus £17.93m as an equal share of foreign TV income. Click here to view the full list
However, facility fees (£485,000 per live TV match in the UK plus bits and pieces for net, phone and delayed rights) varied depending how many times each club featured in live matches, between a minimum of 10 times and a maximum of 26.
Each place in the table was worth £756,756 in prize money, with that amount going to the bottom club (West Ham) and 20 times that amount (£15,135,120) going to Manchester United.
From this season, the increased income streams from the improved 2010-13 overseas TV deals kick in with the overseas rights alone will earning the League £1.437bn for 2010-13 inclusive.
The Premier League’s chief executive, Richard Scudamore, said: ‘We believe that our income distribution mechanism, the most equitable of Europe’s major football leagues, rewards sporting success while also guaranteeing a significant amount of broadcast revenue to each club in order that they plan from one season to the next.
‘Many have commented on the competitive nature of this season’s Barclays Premier League. The clubs deserve huge credit for putting on a fantastic competition. We believe the way we distribute broadcast income plays a part in allowing each club to compete at the highest level.’
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