Here is how much prize money the winners will bag at the 2023 Carabao Cup
Even though the Carabao Cup is the secondary cup competition in English football, winning it is still worthwhile.
There is a lot on the line from the perspective of the fans just getting to the final means a month of yearning and a day at Wembley.
As a result of the champions being guaranteed a spot in Europe, many clubs view this as their best chance to represent their country in Europe.
Carabao Cup and FA Cup 2023 winner and runner up prize money breakdown
What about money, though? What does the Carabao Cup mean for a club’s finances? Have a look, below:
Take a quick glance at the prize money table if you’ve ever wondered why clubs don’t take the Carabao Cup seriously, particularly in the early rounds.
The competition’s total prize pool is only $1 million, and it can only go so far.
One-round winners were given just £5,000, which may not have even covered their trip expenses. With only £7,000 up for grabs in round two, it’s not much better either.
Prize money for the 2022–23 Carabao Cup: How much is the winner’s bag?
Although the winning team will undoubtedly enjoy their day and the memories it creates, the money men won’t be overly thrilled.
In reality, teams that win in the FA Cup’s third round will receive a larger cash award than those clubs that win the Carabao Cup this year.
Only £100,000 will be given to the competition’s winners, while £50,000 will go to the runners-up.
Here is the prize money breakdown for the 2022-23 Carabao Cup
|
Round |
Prize Money |
|---|---|
|
First round winners |
£5,000 |
|
Second round winners |
£7,000 |
|
Third round winners |
£10,000 |
|
Fourth round winners |
£15,000
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|
|
Quarter-finalists |
£25,000 |
|
Semi-Finalist |
£25,000 |
|
Runner-up |
£50,000 |
|
Winner |
£100,000 |
How do the prize money for the FA Cup and Carabao Cup compare?
The Carabao Cup is without a doubt the less-than-appreciated relative. Even teams who lose in the first round of the FA Cup receive a larger prize than those who advance to the quarterfinals of the Carabao Cup.
In fact, the two Carabao Cup finalists will receive prize money that is literally 20 times less than what is awarded to those who advance to the FA Cup final.
The winner of the FA Cup receives £2 million (£100,000 for the Carabao Cup), while the runner-up receives £1 million (£50,000).
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