Thread by @SwissRamble

The Premier League has published its TV revenue for the 2018/19 season, ranging from £97m for #HTAFC to £152m for #LFC, who earned more than league winners #MCFC £151m, due to more matches broadcast live. Some thoughts in the following thread.

Each club receives equal shares for 50% of domestic TV £34.4m, overseas TV £43.2m and commercial income £5.0m. Each league position is worth £1.9m (merit payment), while each match broadcast live is worth £1.1m (on top of £12.2m for a minimum of 10 games).

#LFC Premier League TV money increased by £6.5m from £145.9m to £152.4m in 2018/19, due to a £3.6m higher merit payment (for finishing 2nd, compared to 4th the previous season) and £2.4m more from overseas TV deals. Benefited from most live TV games: 29 vs. #MCFC 26.

#MCFC Premier League TV money increased by £1.6m from £149.4m to £151.0m in 2018/19, due to £2.4m more from overseas TV deals. No change in league position or number of matches broadcast live (26), but this was fewer than #LFC (29), which explains why they got less than the Reds.

#CFC Premier League TV money increased by £4.3m from £141.7m to £146.0m in 2018/19, due to a £3.6m higher merit payment (finished 3rd, compared to 5th the previous season) and £2.4m more from overseas TV deals, offset by £1.4m less for fewer live matches broadcast (25 vs. 26).

#THFC Premier League TV money increased by £0.8m from £144.4m to £145.2m in 2018/19, due to £2.4m more from overseas TV deals and £0.8m facility fees (more live matches broadcast: 26 vs. 25), offset by £2.1m lower merit payment (finished 4th, compared to 3rd the prior season).

#MUFC Premier League TV money decreased by £7.3m from £149.8m to £142.5m in 2018/19, due to £7.9m lower merit payment (finished 6th, compared to 2nd the prior season) and £1.4m facility fees (fewer live matches broadcast: 27 vs. 28), offset by £2.4m more from overseas TV deals.

#AFC Premier League TV money increased by £0.2m from £142.0m to £142.2m in 2018/19, due to £1.7m higher merit payment (finished 5th vs. 6th the previous season) and £2.4m more from overseas TV deals, offset by £3.7m lower facility fees (fewer live matches broadcast: 25 vs. 28).

The club with the largest year-on-year increase in Premier League TV money was #WatfordFC, whose revenue rose by £7.6m from £106.3m to £113.9m in 2018/19, mainly due to improving 3 places in the league from 14th to 11th (£5.7m), boosted by £2.4m more from overseas TV deals.

The largest year-on-year decrease in Premier League TV money was #BurnleyFC, whose revenue fell £12.5m from £119.8m to £107.3m in 2018/19, mainly due to dropping 8 places in the league from 7th to 15th (£15.5m), offset by £2.4m more from overseas deals & 1 more live game (£1.0m).

2018/19 parachute payments have not yet been published, but we can estimate these, based on the % applied in 2017/18 to the PL equal shares (year 1 – 55%, year 2 – 45%, year 3 – 20%): Stoke, Swansea, WBA £43m; Hull, Middlesbrough, Sunderland £35m; QPR £17m; & Aston Villa £16m.

The Premier League TV payments are obviously massive, especially compared to the Championship, where most clubs only receive around £8m (including £4.5m PL solidarity payment and £2.3m EFL central distribution), which represents just 8% of the £97m for last place in the PL.

In the latest chapter of the “rich getting richer” in football, the total Premier League TV rights will rise 8% for the next 2019-22 cycle. Despite domestic rights falling by 7%, overseas rights have shot up by 30%, leading to a net increase from £8.5 bln to £9.2 bln.

This is important, as the increase in overseas TV money will for the first time be distributed based on league position. No Premier League clubs will be worse off, though the leading clubs will clearly benefit the most, but EFL clubs will not receive any of the growth.