Man City earns record $98m
15 May 2012, 12:52
London - Manchester City's income from broadcast payments while
winning the title hit a Premier League record 60.6 million pounds ($97.6
Unlike many other leagues the income is not skewed in
favour of the top sides, with half the domestic TV cash and all the
overseas rights income split equally between the 20 clubs.
believe the way we distribute broadcast income plays a part in allowing
each club to compete at the highest level," Premier League chief
executive Richard Scudamore said in a statement on Tuesday.
club received an equal share of 13.7 million pounds ($22.1 million) from
domestic broadcasters, 18.7 million pounds ($30.1 million) from
overseas broadcast rights, plus 755 000 pounds ($1.2 million) for each
place they finished in the final standings.
Around 570 000 pounds ($917 870) is also paid out each time a club features in live TV matches.
meant Arsenal earned 56.2 million pounds ($90.5 million) while
finishing third, but fourth-place Tottenham earned 57.4 million pounds
($92.4 million) after playing in 23 live TV games compared to its north
London rival's 19.
Bottom-place Wolverhampton Wanderers earned 39.1 million pounds ($62.3 million).