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Before the Foundation of the Premier League in 1992, monetary distribution of television revenue was split between the top four divisions, with half paid to First Division clubs (equivalent to the Premier League); 25 percent to Second Division clubs (equivalent to the EFL Championship), and 12.5 percent paid to each of the bottom two divisions (equivalent to EFL League One and EFL League Two).
The Premier League is the most-watched football league in the world, broadcast in 212 territories to 643 million homes and a potential TV audience of 4.7 billion people. [9] The Premier League's production arm, Premier League Productions, is operated by IMG Productions and produces content for its international television partners. [194]
The FA Premier League equivalent is called Profit and Sustainability Rules (PSR). [2] Some have argued that FFP was instituted to prevent financial "doping" from outside sources injecting money into smaller clubs. [3] They were agreed to in September 2009 by the Financial Control Panel of UEFA, football's governing body in Europe.
First was the drop in Premier League prize money - falling from eighth to 18th in the table in the space of 12 months. There's also the lack of European football, after the club failed to qualify ...
League Cup winners receive £100,000 prize money (awarded by the Football League) with the runners-up receiving £50,000, considered relatively insignificant to top-flight teams, compared to the £2 million prize money of the FA Cup, which is in turn eclipsed by the Premier League's television money (awarded on final league position) and ...
Some leagues (most notably English football's Premier League) offer "parachute payments" to its relegated teams for the following year(s). [2] The payouts are higher than the prize money received by some non-relegated teams and are designed to soften the financial hit that clubs take whilst dropping out of the Premier League.
The FA Premier League was founded on 20 February 1992, following the decision of First Division (the top-tier league from 1888 until 1992) clubs to break away from the English Football League. As a result at the top is the single division of the Premier League (level 1, which is often referred to as the "top flight"), containing 20 clubs.
The financial value of winning the EFL League Two play-off is derived from the additional remuneration clubs receive in League One. As of 2020, clubs in League One receive around £675,000 from the Premier League as a "core club" payment compared to £450,000 in League Two. [24] [25] The winners of the final receive a trophy. [26]