Liverpool are set to miss out on £9million in ‘merit money’ for winning the Premier League due to the effects of the coronavirus pandemic – but will still pocket an eye-watering £175m pay-out.
The Reds should have earned £63million in ‘merit money’ for winning their first championship in 30 years but that figure has been significantly reduced because of the drop in revenue coming in from broadcasters.
According to The Times, the prize fund will be reduced by 14 per cent which will see Liverpool’s money drop fron £63m to £54m – a £9m difference.
Jurgen Klopp’s men will still win the biggest performance-dependent bonus with the money going down by about £2.7m per place for teams below them in the league table.
As only the performance-dependent payments have been affected, the champions still stand to earn a whopping £175m for winning the title.
With clubs being hit hard by the financial ramifications of the pandemic, each millions pound counts that much more.
In the race for the top four, up to £100m is on the line for all clubs that finish in that bracket.
Four Champions League places are on offer for English sides, and a potential windfall in the region of between £85m and £100m, depending on how far they go on to progress in next season’s competition. – MailOnline
