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How much prize money will Championship play-off final winner get for promotion to Premier League?

Published at :May 26, 2024 at 4:42 PM
Modified at :May 26, 2024 at 4:42 PM
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Rajarshi Shukla

Southampton will face Leeds in the EFL Championship play-off

Promotion to the Premier League is up for grabs as Leeds United takes on Southampton on Sunday at Wembley. Both teams aim to return to the top division as soon as possible, joining EFL Championship winners Leicester City and runner-up Ipswich Town.

The Championship play-off final, in which the victor gets to partake in the spoils of the wealthiest football league, has sometimes been referred to as the most lucrative game in the world. But how profitable is it actually, and how disastrous could losing the championship be?

What is the winning championship playoff team’s prize money?

Although there isn’t a clear-cut reward for winning the championship, getting promoted to the Premier League has numerous financial advantages.

Although estimates differ, Deloitte’s Sports Business Group predicts that over the next three seasons, the winning club’s revenue will rise by at least £140 million.

This is due to the large chute bonuses that are given out in the event that a club is demoted back to the Championship; however, if they manage to avoid the drop in their first season, this amount may rise to more than £305 million.

This accounts for anticipated gains in matchday, broadcast, and sponsorship income; clubs earn £31 million in TV advertising earnings only for playing in the Premier League.

It’s interesting to note that despite being demoted the previous season, Leeds, Southampton, and Leicester were all still making over £100 million this season because of rappel payments.

The three may therefore anticipate being on the lower end of those projections, whereas Ipswich—who haven’t participated in the Premier League since 2002—should experience a minimum £200 million increase in revenue.

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