Premier League to 'change prize money share' for top clubs amid Everton points deduction row
Published
| Last updated
The biggest clubs in the Premier League are set to receive a greater proportion of prize money in a move which could fuel tensions following Everton's points deduction.
Everton have been docked 10 points, the heaviest punishment ever handed to a Premier League team, for breaching for breaching Financial Fair Play (FFP) rules.
Under Premier League regulations, clubs are allowed to lose a maximum of £105m over three years.
Everton were found to have surpassed this figure £19.5m and were immediately deducted 10 points. The Toffees are now second bottom of the Premier League on four points, above only bottom club Burnley on goal difference.
Everton have already announced they plan to appeal the decision.
Burnley, Leeds United and Leicester City - all relegated in recent seasons - have confirmed their intention to sue Everton, with the Merseyside club at risk of paying up to £300m in damages.
Loading…
There could soon be further disagreements between Premier League clubs, with the Telegraph reporting that the biggest clubs in the league are set to receive a bigger share of prize money.
Under the Premier League's existing 1.6 to one ratio for prize moey, treble winners Manchester City earned an estimated £161.3m last season, while Southampton received £100.3m after finishing bottom.
But from 2025-26 season onwards, the system will be worth potentially tens of millions more for the top clubs under a new 1.8 to one ratio.
The change is said to be 'dictated by international growth in league revenue' as well as the Consumer Prices Index, although high rates of inflation 'mean a more favourable rate for smaller clubs next season'.
The changes could be discussed on Tuesday, when clubs are due to meet to vote on the so-called New Deal For Football – major changes to the distribution of money across the sport.
City, Manchester United, Liverpool, Chelsea, Arsenal and Tottenham are said to have been 'at odds' with the other Premier League clubs over how a financial agreement with their lower league counterparts would look.
While a total of around £130m extra per year in funding for the lower leagues appears close, it remains to be decided how this will be distributed.
"Pressure is building again on the Premier League to finally announce a deal after Everton received a 10-point deduction over spending breaches," added the Telegraph's report.
Meanwhile, Everton are not the only Premier League club under the spotlight in terms of FFP regulations.
Manchester City have been charged with 115 breaches of Premier League rules, while Chelsea are also under investigation for alleged financial wrongdoing between 2012 and 2019.
It is has been claimed that both clubs could be handed a points deduction, or even face relegation, if they they are found guilty.
Featured Image Credit: Getty
Topics: Everton, Premier League, Football
.png)
