Business Day

Liverpool score £175m bonus for league win

- Arvind Sriram Bengaluru

Liverpool will receive a record £175m payout for winning the Premier League title after all 20 clubs in England’s top flight agreed to postpone any reductions caused by the Covid-19 pandemic, according to the Times.

The newspaper reported on Wednesday that Premier League teams will receive their entire payout for last season and rebates to broadcaste­rs — which could amount to £330m — would be spread out over future campaigns.

If the rebate was applied,

Liverpool’s prize money would have been reduced by £21m, the Times said, citing financial expert Swiss Ramble.

The 2019/2020 season was the first of a three-year cycle in which internatio­nal broadcast revenue would be allocated to clubs based on where they finished in the table instead of it being split equally between the teams.

The Times also said top-flight teams had agreed to make solidarity payments to English Football League clubs in addition to the £125m in advance payments agreed in April.

The Premier League declined to comment.

Newspapers in English

Newspapers from South Africa