Thursday, September 03, 2009

Manchester United And Liverpool Receive Huge Cash Windfalls


English Premier League champions Manchester United received a huge windfall from last season's Premier League's broadcast rights, which saw the league pay out more than UK£1 billion for the first time.

United and Liverpool topped the list of earnings, with the Premier League champions collecting £51.5 million. Liverpool also broke the £50 million mark, albeit narrowly, collecting £50.1 million. The totals represented approximately 20 per cent of United's total annual revenues, and an even more significant proportion of Liverpool's.

The 20 Premier League clubs collected a total of £790 million, with £70 million of parachute payments made to clubs relegated into the Championship and a further £136 million distributed throughout the game.

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