How much money will the 2022/23 Championship play-off final winners earn?

The 2022/23 Championship play-off final takes place on Saturday, with Luton and Coventry battling for promotion to the Premier League. But how much will the winners earn?

The most anticipated date on the EFL fixture calendar has arrived, and with it comes a matchup between two sides who have had differing paths over recent seasons.

It is only 15 years since Luton, then a League Two club, were insolvent. Two years earlier, they had been in the Championship, but a spell in administration and a points deduction punishment for financial irregularities eventually dropped them into the Conference by 2009.

Although they were consistently competitive in non-league football - they also had future Premier League forward Andre Gray on their books at one stage - it took them six seasons to return to the Football League under John Still in 2015.

Nathan Jones was appointed manager in December 2015, taking them to League One via automatic promotion in 2018.

Promotion to the Championship quickly followed in a season where Jones left for Stoke, but he was re-installed as manager to keep Luton in the second tier in the 2019/20 campaign.

Last season, Jones guided the Hatters to the play-off semi-finals, and started this season strongly before departing for Southampton. His successor, ex-Watford boss Rob Edwards, has further built on that work and guided them to a third place finish in the league.

For Coventry, they have also faced hardships - mainly centring around their home stadium, the Ricoh Arena.

A near 10-year long dispute between the club's former owners, Sisu, and the local council, as well as being unable to reach a rental agreement with Wasps Rugby Club, who formerly owned the stadium, has meant the club have groundshared on two occasions.

They have also spent time in administration, and were in League Two in the 2017/18 season.

But manager Mark Robins guided them back to the second tier with two promotions in three seasons, and a smart transfer policy upon the return to the second tier has helped them reach the top six places.

If either club wins at Wembley on Saturday, the prize on offer will certainly make them feel a long way away from the days of previous financial issues.

But how much will they earn?

Championship play-off final 2022/23: How much will the winners earn?

Often dubbed 'the richest game in football' because of the vast sums of revenue on offer if a club wins promotion to the Premier League, the Championship play-off final is about as high-stakes as it gets.

Either Luton or Coventry are in line to receive huge sums in broadcast revenue for the 2023/24 season.

According to official Premier League figures from the 2020/21 campaign, over £2.5 billion was paid out across the 20 clubs. The lowest payment made was to Sheffield United, who made £97.5 million. The payments are based on an equal share, international TV money and central commercial payments.

Each club also earns merit payments based on where they finish in the division. The Athletic estimate that this year's 20th-placed team, Southampton, will earn £3.7 million, with the team in 17th place to earn £14.8 million. Champions Manchester City, meanwhile, are slated to earn £74.4 million.