Premier League prize money 2023/24: How much Newcastle United and rivals earned with FFP boost

With a huge broadcasting deal split between the 20 clubs, the Premier League is the most lucrative league in world football and clubs earn huge amounts

In a season decimated by injuries and the suspension of Sandro Tonali, a final league finish of seventh place is certainly nothing to grumble about for Newcastle United supporters. The upheaval that accompanied the 2023/24 campaign would have hurt many other clubs much more, but Eddie Howe’s men found a way to stay in European contention and while there won’t be Champions League football for a second successive year, there’s still hope of being back in Europe come August.

A seventh place finish is expected to be worth £148.3m for Newcastle, if last season’s payments are anything to go by. It’s a figure that would have been above £150m had Chelsea not staged a late rally to pip the Mags to sixth place in the standings. The season proved to be a predictable one in the fact Manchester City were again crowned Premier League champions, with the three promoted clubs in Sheffield United, Burnley and Luton Town all making an immediate return to the Championship.

The gulf in finances between the top tier and the Championship was again highlighted with all 20 Premier League clubs making over £100m in prize money, with even Sheffield United walking away with a huge sum despite registering one of the worst seasons by any club in Premier League history.

Each club gets £80m in equal share payments – essentially a dividend from the billions generated from TV deals worldwide – and this is supplemented by a basic commercial figure of just under £10m. Clubs also receive a facility fee of around £900,000 for every match they play live on UK TV, reports

The significant difference lies in merit payments, which are awarded on a sliding scale based on the final league position. Last season, and likely to be similar this year, each place was worth £3.1m – ensuring the champions earn £62.3m, with the money decreasing by £3.1m for every place.

Premier League payments

1st Manchester City £176.2m.

2nd Arsenal £172.2m.

3rd Liverpool £168.3m.

4th Aston Villa £164.3m.

5th Tottenham £162.9m.

6th Chelsea £149.7m.

7th Newcastle £148.3m.

8th Manchester United £151.9m.

9th West Ham £138.7m.

10th Crystal Palace 138.1m.

11th Brighton £133.3m.

12th Bournemouth £137.7m.

13th Fulham £124.6m.

14th Wolves £129m.

15th Everton £117.5m.

16th Brentford £118.6m.

17th Nottingham Forest £120.5m.

18th Luton Town £114m.