Leeds United’s Championship win comes with a significant financial boost. Here’s a breakdown of what they’re set to receive:
- Championship Prize Money: Every club in the Championship receives a set amount from the EFL, approximately £11 million, depending on factors like TV deals and sponsorships.
- Parachute Payments: Leeds United will receive an extra £40 million in parachute payments due to their relegation from the Premier League within the last three seasons. These payments are designed to cushion the financial impact of relegation.
- Premier League Revenue: By winning promotion, Leeds United guarantees a substantial increase in revenue, exceeding £110 million, from TV broadcasting rights, commercial deals, and matchday income. This figure can vary based on their performance and final league position.
- Total Potential Revenue: Combining these figures, Leeds United’s total revenue could surge significantly, providing a substantial financial foundation for the upcoming season.
It’s worth noting that the financial distribution mechanism between the Premier League and the EFL is subject to change, with potential reforms aiming to redistribute a larger share of revenue to lower-tier clubs ¹.