The money each club got in the Premier League for last season has just been released, and Newcastle are in 13th place with £45,168,771 – approximately – but this is more than £9M less than we received last season, when we finished in 5th place in the league. We had forecast last week that would be around £8.8M.
That’s a little more than we bid for Loic Remy in January.
The payments given to each club are split into several categories, and one is based on where the club finished in the league table (merit payment) , how many times a club has their game on TV live (facility fees), and the international TV money is split evenly among each club – and this season it was around £33M for each PL club.
And as we have said before, each place in the Premier League is worth around £800K.
Here is the table of which clubs received what – and Newcastle are in 13th place, three places higher than their place in the league, because of having many of our games filmed live.
Newcastle are down about £9M from what we received last season – which was £54.2M for our 5th place finish in the league, and in the money table we finished in 8th place – compared to 13th place this season.
The reason there was so much clamoring going on to stay in the Premier League for next season, is that the money goes up big time starting next season.
Next season the Champions will receive around £100M and the bottom club will receive around £60M – which is what the top club received this season.
Newcastle’s revenues through the financial year to June 2012, were just over £93M, but for next season that figure is likely to rise significantly, and that’s for two major reasons.
One if the extra money we will be getting from the Wonga shirts deal, and then maybe £20M more from the Premier League than this season, depending on what position we finish in the league table.
If we have a good finish next season – say around 6th place – we could get £75M from the Premier League, which is why Mike Ashley, Derek LLambias, Alan Pardew and others were so mightily relieved when we beat QPR and secured our safety.
We missed out on money this season because of our poor performance in the league, and the amount we will get from the Europa League is a pittance, but we’re in the Premier League next season, when the average amount for each team will rise about £20M.
The Premier League is a big money global business now, in case you hadn’t noticed.
As long as Newcastle are there – we don’t mind. 😀
You can also reach Ed at firstname.lastname@example.org