Premier League 2017/18 payments confirmed: Leicester City handed £118 million

Leicester City have received £118 million from the Premier League’s central income payments, about £3 million more than what they earned last season.

Despite finishing ninth in the league, the Foxes are tenth in terms of the payments bagged, with Newcastle United, who finished just below Leicester, being the eighth highest earners with £123 million because of higher Facility Fees, i.e., the revenue generated from broadcasted matches. The Magpies had 18 of their games televised as opposed to City’s 12.

The Premier League payments are paid out under five separate categories: Equal Share (split equally), Facility Fees (based on the number of matches shown on live TV), Merit Payment (based on where you finish in the league), International TV, Central Commercial (shared commercial revenue).

Here’s a breakdown of how much did Leicester City receive under each category:

Equal Share: £34,812,558

Facility Fees: £14,572,424 (joint ninth highest with Crystal Palace and Stoke City)

Merit Payment: £23,175,216 (ninth highest)

International TV: £40,771,108

Central Commercial: £4,838,892

Leicester City’s £118 million this season is, surprsingly, £25 million more than when they won the league in 2015/16. Even that season, the East Midlanders were second to Arsenal because of the Gunners’ higher Facility Fees.

Regardless, for the third season running, Leicester have ended up among the top earners in the Premier League, which reflects the steady progress that they’ve been making on the pitch.

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With the board now planning a stadium expansion and Leicester City’s financial muscle only growing stronger (14th richest club in the world; second only to the top six clubs in the Premier League), one can safely say that the club is moving in the right direction, both on and off the field.