Monday, June 1, 2009

Top four keep getting richer

The Premier League chairmen will meet to discuss the Big Four's increasing financial stranglehold on the BPL.

Figures for the 2008/9 season reveal the Champions League is now worth around double the amount to the top four clubs than it was three years ago.

Premier League champions Manchester United earned a total of £90million in prize moGovernment Decision Expected On Euroney and TV cash from all competitions last year - nearly £60million more than bottom club West Brom - with £33.7million coming from their march to the Champions League final.

Fourth-placed Arsenal earned £73.4million compared to fifth-placed Everton's £49.5million with the Gunners bringing in £23.4million from European football. The figures do not include ticket money and merchandise income where the big four also dominate.

The rise in income from the Champions League is partly due to the strength of the euro against the pound, partly to the increase in the value of the competition's TV rights and also to the fact that English clubs have dominated the latter stages of the competition in recent years.

A UEFA source admitted revenue distribution from the Champions League could have a negative effect on national leagues.

The source said: "We acknowledge imbalances can widen the gap between the rich and not so rich. We are talking to the clubs to see if there is a way the money can be distributed so the national leagues do not become too imbalanced."

It was the disparity between the top four and the rest that led to Bolton chairman Phil Gartside to outline revolutionary proposals for a two-tier Premier League, but those are not on the agenda for this week's meeting in Leicestershire and appear to have been put on the backburner.

Nevertheless, the figures may increase pressure in some quarters for the Premier League members to look once again at how their income is distributed among the 20 clubs.

Despite a recent change to the distribution, the number of times a club's Premier League matches are screened live still has a significant impact on earnings.

For example, no fewer that 25 of United's games were screened live and for each of those the club earned £480,000, totalling £12million, compared to the eight clubs who received the minimum payment of £4.8million - fees for at least 10 games are now guaranteed even if a club has fewer televised matches.

Even relegated Newcastle brought in £9.6million from 20 games compared to £4.8million for neighbours Sunderland.

One club chairman told PA Sport: "There is a feeling among some chairmen that the distribution of fees for live matches could be fairer still but we will gauge the general feeling at the summer meeting before we decide whether to push for any change."

The clubs are likely to be told on Thursday and Friday that they should receive a bigger chunk from overseas TV rights in the future - these are shared equally between clubs.

They are currently worth £13million per club annually and when the deals for the 2010-13 period are finalised that could reach close to £20million.

No comments:

Post a Comment