The Premier League gives money to clubs based on three things:
- where they finish in the league,
- how many times they appear on TV, and
- a shared amount of money from league deals.
In the 2023/24 season, the total prize money was £2.84 billion, split between all 20 clubs.
This system is fairer than in many other European leagues because the money is shared more equally.
Prize Money Distribution by Position
The merit payments are distributed on a sliding scale from 1st to 20th place, with each position earning a specific amount based on domestic and international broadcast deals.
For the 2023/24 season, the difference in prize money between positions was approximately £2.8 million.
Here is an estimated breakdown of how much each Premier League club earned in 2023/24:
| Position | Club | Estimated Earnings (£m) |
|---|---|---|
| 1st | Manchester City | 175.9 |
| 2nd | Arsenal | 175.5 |
| 3rd | Liverpool | 174.1 |
| 4th | Chelsea | 161.4 |
| 5th | Nottingham Forest | 160.9 |
| 6th | Manchester City | 160.3 |
| 7th | Newcastle United | 155.7 |
| 8th | Aston Villa | 149.0 |
| 9th | Brighton & Hove Albion | 147.0 |
| 10th | Fulham | 143.1 |
| 11th | Manchester United | 140.2 |
| 12th | Bournemouth | 139.6 |
| 13th | Brentford | 135.8 |
| 14th | Tottenham Hotspur | 134.9 |
| 15th | Crystal Palace | 133.9 |
| 16th | Everton | 124.5 |
| 17th | West Ham United | 124.2 |
| 18th | Wolverhampton Wanderers | 118.9 |
| 19th | Ipswich Town | 112.8 |
| 20th | Leicester City | 112.1 |
TV Revenue and Equal Share Payments
Each Premier League club receives an equal share of the central revenue, including domestic and international broadcasting rights and central commercial revenue streams.
In the 2023/24 season, this amounted to approximately £94.9 million per club.
Additionally, clubs earn “facility fees” based on the number of times their matches are broadcast on UK television.
For example, Arsenal, having the most televised matches, received an additional £26.9 million, while Burnley, with the fewest televised matches, received £9.3 million.
Key Takeaways
Liverpool received the highest payout in the 2023/24 season, totaling £174.1 million.
Arsenal narrowly missed out on the record payout, earning £175.5 million.
Manchester City, despite being champions, earned slightly less due to fewer televised matches.
Relegated teams still receive substantial payouts, with Sheffield United earning £109.7 million for finishing last.
TV appearances significantly impact a club’s earnings, with more televised matches leading to higher facility fees.
Looking Ahead
As the 2024/25 season concludes, the final prize money distributions will be determined based on league positions and television appearances.
Clubs will aim to maximize their earnings through strong performances and increased media exposure.
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