How much do you get for winning the Premier League? Premier League prize money revealed

How much do you get for winning the Premier League? Premier League prize money revealed

Kevin Omuya, Adrianna Simwa
updated at February 13, 2024 at 11:54 AM
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How much do you get for winning the Premier League? All teams in the PL receive generous compensation for their efforts, with the best-performing clubs receiving a larger share. At the end of the season, many teams will have more at stake for their CEOs and financial planners. There are five major European soccer leagues, and the EPL has one of the highest prize money.

How much do you get for winning the Premier League?
Illustration of Premier League Trophy won by Manchester City at Stade de l'Aube on September 26, 2021, in Troyes, France. Photo: Hugo Pfeiffer
Source: Getty Images

The incentives grow sharply between first and last place, with a gap of about $40 million (£38.8 million). Sporting News examines the entire process, from Champions League qualifying through Championship lockouts.

Even the teams that are relegated will still make more than £100 million; therefore, the prize pool for the PL champion is over £160 million. The EPL prize money has not been made public since the middle of the preceding decade, but the distribution is well-known; thus, approximations can be made with little trouble.

Premier League prize money in 2023 and how the funds are generated

The EPL currently has the biggest income share of any professional sports competition in the world and the highest share of any football tournament. Manchester United, Manchester City, Chelsea, Arsenal, Tottenham Hotspur, etc., are only some of the world's wealthiest football clubs that play in the PL.

In recent years, television rights have generated a lot of money. The tournament has made billions of dollars from selling television rights to major networks like Sky Sports, BT Sport, etc. Over £2.5 billion in central finances and prize money was made available to EPL teams, which the clubs happily accepted in exchange for broadcasting and merit payments.

How much do you get for winning the Premier League?

How much do you get for winning English Premier League?
Manchester City players with the trophy during a parade in north-west England on May 23, 2022, to celebrate winning the 2021-22 Premier League title. Photo: Oli Scarff
Source: Getty Images

The broadcast pot has increased from last season's (2022) to about £2.5 billion ($3.03 billion), meaning teams took home even more this year. A total of over $150 million was awarded to the tournament's champions, but even the three teams who finish worst and are relegated still earn over £100m in prize money.

How much do teams get for winning the Premier League?

The estimated total Premier League prize money for each position varies. Here is the Premier League prize money table for various teams in the 2022-23 season.

Rank

Team

Earnings

1

Manchester City

£170m

2

Arsenal

£167.8m

3

Manchester United

£165.5m

4

Newcastle United

£163.4m

5

Liverpool

£161.2m

6

Brighton

£159m

7

Aston Villa

£156.8m

8

Tottenham Hotspur

£154.6m

9

Brentford

£152.4m

10

Fulham

£150.2m

11

Crystal Palace

£148m

12

Chelsea

£145.8m

13

Wolves

£143.6m

14

West Ham

£141.4m

15

Bournemouth

£139.2m

16

Nottingham Forest

£137m

17

Everton

£134.8m

18

Leicester

£132.6m

19

Leeds

£130.4m

20

Southampton

£128.2m

What do players get for winning the Premier League?

In addition, 40 silver medals measuring 2.25 inches (5.7 centimetres) in diameter are presented to the winners as a token of recognition. As long as every player who made at least five PL appearances during the title-winning season receives one, they can be given to the manager, players, and officials in any way the club sees proper.

Position

Prize money

1

$54.4 million

2

$51.7 million

3

$49 million

4

$46.3 million

How much do you get for winning EPL?

Prize money for the PL, sometimes known as "merit rewards," accounts for another quarter. Merit payments range from £2.2 million for the team in the worst place to £44 million which the champion gets after winning the PL.

Is there prize money for winning the Premier League?

The PL winners get a lot of dollars, but even the teams who do not place in the top seven can reap substantial rewards by doing as well as they can. Some teams, for instance, could have advanced from thirteenth to tenth place before the conclusion of the final two rounds of matches, a difference of about nine million pounds ($11.1 million).

That amount would well outstrip the $2 million ($2.5 million) profit that Leicester City, one of the middle-of-the-pack clubs, reported for the tax year ending in May 2018 after taxes and would more than double the amount the club declared from commercial and other income in that same period.

Relegated clubs might outspend several of their opponents in the next season's notoriously expensive Championship if they avoid coming dead last by just £2.2m ($2.7m).

In the 2022-23 season, Chelsea faced a financial setback of at least £70 million due to their 12th-place finish and failure to secure European rewards. Similarly, Liverpool tallied a £50 million expense for their journey to the Europa League, while Tottenham is anticipated to suffer a comparable loss for their underwhelming campaign.

How much do Premier League teams get from TV rights?

How much do Premier League clubs get paid for being on TV?
A BT Sport camera before the Premier League match between Everton and Manchester United at Goodison Park on April 9, 2022, in Liverpool, United Kingdom. Photo: Visionhaus
Source: Getty Images

Each year, the PL draws billions of fans throughout the world, making it the most popular league in terms of viewership. Because of the success, it has been able to secure massive TV deals that will ultimately help all of the clubs in the division. The base payment from television rights is split evenly among the tournament's teams.

In 2022, it was estimated to be over £84m. The frequency with which a team is selected for television appearances will determine further compensation. In addition, there is a merit pay structure in place that is reflective of each team's final standing in the league, with each position estimated to be worth roughly £2.2m.

Do players get a bonus for winning the Premier League?

The amount won in each game will determine how the pot is divided among the participants. Bonuses like trophy wins and qualifying for the Champions League are often incorporated into player contracts.

How does prize money work?

PL clubs earn an extra £2.2m ($2.7m) for each rank higher in the table. The massive TV money on offer remains the strongest incentive for clubs to aim for and remain in the PL, even over sporting pride.

How much did Man City get for winning the Premier League?

Man City won the Premier League, beat Manchester United in the FA Cup, and defeated Inter Milan in the Champions League final. They earned £170 million for winning the league, an extra £4 million for the FA Cup, and bagged £110 million for winning the Champions League - their first-ever European title.

premier league prize money for each position
Chelsea players lift the Premier League trophy after the Premier League match between Chelsea and Sunderland at Stamford Bridge on May 21, 2017, in London, England. Photo: Phil Shephard-Lewis
Source: Getty Images

How much does the winner of UCL get?

Being part of the Champions League is a big deal for clubs because it can bring in a lot of money. Many European teams aim for it. In the 2022/23 Champions League, the winning team got maximum prize money of €20 million (£17m/$22m), and the runner-up received €15.5 million (£13m/$17m. The overall prize money given to the winner is much more than this.

Premier League and Champions League prize money

Both the UEFA Champions League (UCL) and the English Premier League (EPL) give clubs a lot of money. The UCL has bigger prize money, mostly because it makes a ton of cash from global TV deals and sponsorships.

The UCL's big financial rewards attract top teams and make them richer. On the other hand, the EPL stays financially strong thanks to deals with domestic TV rights. This gives clubs a lot of money to compete in the transfer market and keep things running smoothly.

How much do you get for winning the Premier League? As seen above, the PL season prize money is distributed to the clubs based on their final table positions. The prize money of the EPL is reportedly the highest among Europe's top five competitions.

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Authors
Kevin Omuya photo
Kevin Omuya
Kevin Omuya is a Content Writer with 4 years of experience who joined Sports Brief in 2022. In 2019 he held a Bachelor of Arts in Journalism & Digital Media from KCA University.
Adrianna Simwa photo
Adrianna Simwa
Adrianna Simwa is a content writer at Sports Brief, where she has worked since mid-2022. She has written for many periodicals on a variety of subjects, including news, celebrities, and lifestyle, for more than three years.