Chelsea Gets £150.8m from Premier League for Winning 2016-17 Title
Chelsea, the current Premier League champion was paid £150.8m by the Premier League for winning the 2016-17 title –a whopping 50% more than the top earners in 2015-16.
The 2016-17 season was the first of the latest TV deal and saw a total of almost £2.4bn paid to the 20 clubs – up from £1.6bn last season.
Bottom club Sunderland got £93.471m – more than the £93.219m 2015-16 winners Leicester pocketed the previous season.
The figures are based on broadcast and commercial deals plus prize money.
Funds from the Premier League’s central commercial deals and overseas broadcast rights are shared equally – as is half of the domestic broadcast income.
A quarter is paid out in prize money based on each club’s league position and the other quarter in “facility fees” for each game broadcast on UK television.
Arsenal were the top earners in 2015-16 with £100.9m – but only the three relegated sides of Hull, Middlesbrough and Sunderland were paid less than that figure in 2016-17.
The ratio between the highest and lowest totals paid by the Premier League to its clubs in 2016-17 was 1.61 to 1, the lowest among Europe’s top leagues, which means the Premier League is more equal when it comes to sharing revenue than its rivals.
The Premier League also paid out nearly £220m to Aston Villa, Cardiff, Fulham, Newcastle, Norwich, QPR, Reading and Wigan in parachute payments.
Villa, Newcastle and Norwich – the relegated sides in 2016 – got almost £41m each.
Chelsea FC enjoys tremendous fans loyalty globally. In Nigeria ardent supporters of the club populates every nook and crannies of the nation.
In 2016, leading Brewer in the country, Nigerian Breweries’ Star Lager brand signed partnership deals with some premiership clubs as official beer partner leaving out Chelsea. Although, this might be due to some irreconcilable differences during negotiation, however, the tremendous follower-ship the club enjoys among million of football fans in the country leaves a question (?) mark on the deal.
Additional report from BBC Sports/www.godwinduduorumen.com