Check out the prize money for the 2023/24 Premier League, know how much money will each team grab
The 2023–24 Premier League season will begin on August 11 and give fans throughout the world the chance to revel in excitement and success.
Premier League 2023/24 prize money distribution for each position per team
Regardless of how the season turns out, each team has the chance to improve its financial status while also enjoying the spectacle of world-class players battling it out on the pitch.
The Premier League awards money at the end of the season to each of the 20 competing clubs based on the final league rankings. Future transfers and club development may benefit from this money. The Premier League has no shortage of financial resources, and clubs are anticipated to begin collecting more money in the months before to the 2023–24 season.
Premier League prize money 2023-24
The exact amounts that each side will earn at the end of the season have not yet been confirmed by the Premier League, with predicted totals typically updated in the middle of the season.
The 2022–23 season’s final totals weren’t determined until the final few weeks of competition, and the 2023–24 season is anticipated to proceed similarly, albeit with a larger prize pool overall and per club.
Each Premier League team’s 2022–2023 earnings
With sponsorship bonuses, TV revenue, and other payments added in, the prize for winning the Premier League is anticipated to be close to £150 million/$186 million. This is only from the Premier League. The disparity continues down the chart, but even while the gaps between each rank are only somewhat larger overall ($3.1m/£2.5m on average), the end totals are far higher.
For instance, the difference between fourth and fifth place in the Premier League standings is only £2.2 million ($2.7 million), yet depending on other revenue streams, the difference between qualifying for the Champions League and not is more than 10 times that amount.
Relegated teams (from 18th to 20th) also get Premier League parachute payments in addition to the spaces between European qualification spots to help offset the financial shock of leaving the top division.
In their first year following relegation, each relegated team receives 55% of the equal share of broadcast money paid to Premier League clubs; in their second year, they receive 45%; and in their third year, they receive 20%.
Position | Team | Prize money |
1st | Man City | £44 million ($54.4 million) |
2nd | Arsenal | £41.8 million ($51.7 million) |
3rd | Man United | £39.6 million ($49 million) |
4th | Newcastle | £37.4 million ($46.3 million) |
5th | Liverpool | £35.2 million ($43.6 million) |
6th | Brighton | £33 million ($40.8 million) |
7th | Aston Villa | £30.8 million ($38.1 million) |
8th | Tottenham | £28.6 million ($35.4 million) |
9th | Brentford | £26.4 million ($32.7 million) |
10th | Fulham | £24.2 million ($29.9 million) |
11th | Crystal Palace | £22 million ($27.2 million) |
12th | Chelsea | £19.8 million ($24.5 million) |
13th | Wolves | £17.6 million ($21.8 million) |
14th | West Ham | £15.4 million ($19.1 million) |
15th | Bournemouth | £13.2 million ($16.3 million) |
16th | Nott’m Forest | £11 million ($13.6 million) |
17th | Everton | £8.8 million ($10.9 million) |
18th | Leicester City | £6.6 million ($8.2 million) |
19th | Leeds United | £4.4 million ($5.4 million) |
20th | Southampton | £2.2 million ($2.7 million) |