Newspaper article The Journal (Newcastle, England)

Premier 'Big Four' Get Richer as the Rest Get Richer Too!

Newspaper article The Journal (Newcastle, England)

Premier 'Big Four' Get Richer as the Rest Get Richer Too!

Article excerpt

Byline: By Martin Ziegler

England's top four clubs in the Premier League are in a financial league of their own and earned at least pounds 14m more than fifth-place Tottenham from television cash and prize money in the 2006-07 season.

Manchester United, Chelsea, Liverpool and to a lesser extent Arsenal all cashed in on making it to the knockout rounds of the Champions League.

And even with pounds 2.2billion flooding into the Premier League from a new television deal, which will mean every club in the top flight benefiting by at least an extra pounds 12m, the Champions League will still separate the 'have-lots' from the 'have-less'.

Tom Cannon, dean of Buckingham University Business School and an expert in sport business, told PA Sport: "The percentage difference might reduce because there's so much money going into the Premier League but the absolute difference won't reduce - in fact it might increase."

He added: "A reasonable run in the Champions League is worth about pounds 30m and a comparable run in the Uefa Cup run is probably worth pounds 5m." The Glazer family, United's American owners, will be delighted to see the club re-establish themselves as top of the money league with a total of pounds 62.92m ( and that figure does not include gate money from Old Trafford, merchandise sales or income from club sponsorship deals.

Chelsea also broke the pounds 60m mark, while Liverpool's run to the Champions League final will see them bring in at least pounds 54.7m ( with a further pounds 2m should they beat AC Milan in next week's final in Athens.

Arsenal's failure to reach the quarter-finals of Europe's top club competition cost them several millions ( but their total figure of pounds 44.14m was still pounds 14m more than north London rivals Spurs, who had a total of pounds 30.55m and with Uefa Cup earnings more than pounds 11m less than the Gunners' from Europe.

Relegated Watford were the Premiership's lowest earners, bringing in pounds 17. …

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