Find out all you need to know about the EFL Championship, including the playoff final prize money distribution, and how much money the champions and runners-up earn
The English Football Championship (EFL), also known as the Sky Bet Championship, is England’s second-highest tier league after the Premier League. Since 1892, the championship has been contested by 24 clubs from England (22) and Wales (2). Following the season’s conclusion, the top two teams in the championship get automatic promotion to the Premier League.
Teams finishing last in the table (relegation zone) are demoted to the third division – League 1. The EFL Championship is also the second-most lucrative second-division football league on the planet, with millions of dollars generated each season. This article will look at the overall prize money as well as the shares given to the winner, runner-up, and other teams. For more such tips and news head over to Betsson.
EFL Championship playoff final winner and runner-up prize money pool in 2023
EFL Championship prize money explored
The stadiums for EFL championship games are always packed throughout the season, just like the Premier League. It draws a significant audience during the playoff round when two clubs battle for a spot in the Premier League. The Championship playoff game is also very significant financially. Promotion to the Premier League may earn EFL clubs millions of dollars in TV rights alone.
The winner of the EFL Championship is awarded £100,000 (USD 125,000), while the runner-up is awarded £50,000. (USD 62,000). Teams who do not survive a season in the Championship are relegated to League A and receive £7,000 (USD 8,628). The winner’s prize money is supported through TV broadcasting rights, tickets, and other sponsorship partnerships.
According to estimates, the winner of the Championship play-off final game and promotion to the Premier League may generate a club revenue ranging from $167 million to $328 million if not relegated immediately. As a result, promotion to the Premier League places Championship clubs in a big money pool. The Premier League generated more than £5 billion in revenues during the 2021/2022 season, which was split among the 20 Premier League teams as merit and share payments.
How much do the Premier League relegation teams receive?
Every season, teams that fail to perform consistently are demoted to the Championship. The revenue shares of the specific team gradually decrease as well. For example, if a team has been in the Premier League for more than one season and is relegated to the Championship, it will receive Parachute Payments.
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