Birmingham news Premier League prize money: How much cash Aston Villa is set to bank MetiNews.Com
MetiNews.Com - Villa owners Naseef Sawiris and Wes Edens will earn a tidy sum as part of the TV rights deal
Breaking News ! It had billed as the £170 million match. Yet only now is the financial implication of Aston Villa's triumph in the 2018/19 Championship play-off final a lot clearer. The Premier League is yet to confirm its prize money breakdown for the 2019/20 campaign, with the figures to be released 'in due course'. But, even factoring in the £330 million COVID-19 rebate - agreed with TV companies (domestic broadcasters £223m, overseas £107m) for the delayed matches and absence of crowds - Villa owners Naseef Sawiris and Wes Edens will still be laughing all the way to bank. That's because the pot, in what is the first set of payments in the 2019-2022 deal, is set to swell by around £185 million a year. Sign up for our Villa newsletter with your email in the box at the top of the page or click here There is actually a 7 per cent (£110 million) fall in domestic rights cash, but that is more than offset by a 34 per cent (£295 million) increase in overseas rights revenue. According to latest estimates, complied by respected football finance blog Swiss Ramble, Villa are due £106.1 million, a whopping £88.1 million increase on the previous season in the Championship. Furthermore, Villa are guaranteed another lucrative slice of the astronomical TV rights pie next season having stayed up by the skin of their teeth following the final-day draw at West Ham. Jack Grealish celebrates with team-mate Tyrone Mings after Aston Villa ensured they will be playing in the Premier League again next season. (Image: Andy Rain/Pool via Getty Images) However, clubs have this rebate to settle. It's thought the rebate will be weighted on where each team finished in the league with increments set around the £500,000 mark. The higher a team finishes, the more it will have to pay back. For example, champions Liverpool could have to pay back £21.5 million while basement boys Norwich City could have to foot an £11.5 million bill.
.1 million after finishing just above the bottom three. The equal share and central commercial deals are usually paid throughout the season. In which case, Villa should already have received the vast majority of their cash from the Premier League.
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But they could still be owed £20.5 million in merit payments and facility fees. It's thought the club will earn £13.4 million in facility fees, having been involved in 12 matches shown live on TV in the UK, and £7.1 million in merit payments for finishing 17th. Taking that rebate into account, Villa's total Premier League prize money could turn out to be around the £93 million mark. Here's an estimated breakdown of the figures: Equal share: £31.8m Facility fees: £13.4m Merit payment: £7.1m (for finishing 17th) Overseas TV income: £48.8m Commercial revenue: £5m Total: £106.1m TV rebate: -£13.1m Total: £93m 2018-19 payment: £18m Difference: +£75m
Source = MetiNews.Com