The newspaper reported on Wednesday that teams will receive their entire payout for last season and rebates to broadcasters, which could amount to 330 million pounds , would be spread out over future campaigns.
If the rebate was applied, Liverpool's prize money would have been reduced by 21 million pounds, the Times said, citing financial expert Swiss Ramble. The 2019-20 season was the first of a three-year cycle in which international broadcast revenue would be allocated to clubs based on where they finished in the table instead of it being split equally between the teams.
The Times also said top flight teams had agreed to make solidarity payments to English Football League clubs in addition to the 125 million pounds in advance payments agreed in April.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Record-breaking Lukaku propelling Inter's European dreamEyebrows were raised last year when InterMilan shelled out a club record for RomeluLukaku9, now the player is leading the club's chase for its first trophy in nine years. | IOLsport
Source: IOL - 🏆 46. / 51 Read more »
Source: IOL - 🏆 46. / 51 Read more »
Covid-19 hit forces Atletico Madrid to cancel final training sessionTraining and trip to Lisbon delayed after two squad members test positive for virus
Source: BDliveSA - 🏆 12. / 63 Read more »
LETTER: Letter about Pravin Gordhan was incorrectThe author rewrites the record to fit his disagreement in the debate about SA’s economic direction
Source: BDliveSA - 🏆 12. / 63 Read more »
Source: eNCA - 🏆 49. / 51 Read more »
Source: eNCA - 🏆 49. / 51 Read more »