The Premier League’s top six teams are in line to be handed a greater proportion of the competition’s prize money, according to a new report.
Per the Daily Telegraph, the Premier League’s top six clubs are set to be handed a greater proportion of revenue in a move that could further shift the power balance in the competition towards those at the top-end. Champions Manchester City earned £161m last season, while 20th-placed Southampton earned £100m. The ratio is currently 1.6 to one, but the league are planning to increase it to 1.8, which would net the biggest clubs tens of millions more.
The change could take place from the 2025-26 campaign, and the rise is due in part to high rates of inflation across Europe. The move will be a part of the New Deal for Football, which must still be voted on by clubs. In addition to the new rate, £130m could be allocated towards lower-league clubs.
The Premier League set a new record for spending in the summer, splurging a staggering £2.36 billion ($2.36bn). Were the prize money to increase, one has to think that spending will only increase in future windows.
Premier League clubs will vote on the proposed deal. More than half of them must agree for it to pass. As we approach the half-way point in the 2023-24 season, City are back at the top of the league with 28 points from their opening 12 games.
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