In the 2021–22 season, Everton received more than £117 million in Premier League payments, and Kieran Maguire shared the numbers with all 20 teams.
The Finance Expert has applauded the equitable method that prize money is distributed across the clubs, regardless of whether they came in first or last.
Merit payments raised the Toffees despite their terrible season, making Norwich the first team to ever finish last to receive more than £100 million.
The numbers that Maguire released on his personal Twitter account showed that every club in the last Premier League season made money, even the bottom-place teams.
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“Whilst the Premier League comes in for a lot of criticism at times one of the things that it has historically got right is the democratic way in which it distributes money between clubs,” he wrote.
“Norwich became the first side finishing bottom to earn £100m+ in prize money.”
This is only rising with each year, but Farhad Moshiri will be rubbing his hands together.
Everton and their financial trouble have been widely reported on over the past year, but staying in the Premier League despite our trouble was always critical to stay afloat.
These figures are why
Bringing in around £117million despite scraping past the threat of relegation is huge, and the difference to the Championship as things stand is frightening.
The Toffees would have been in real trouble, especially with the money spent in the transfer window and the new stadium being built, but that is something we don’t have to worry about, for now.
Frank Lampard will want to re-establish the club as a top-half side in the Premier League, and his work with the defence is clear, now the attack needs that before we look at that goal.
That would take £117million to more like £125million each year, and every penny counts.
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