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Liverpool receive huge £175m cash boost

Wednesday, August 12, 2020

Liverpool are set to receive a huge TV cash boost.

According to The Times, Liverpool are set to receive a huge £175million cash windfall after Premier League clubs decided to delay reductions in this year’s prize money following the coronavirus pandemic.

All 20 clubs must pay back TV revenue received prior to the outbreak as a result of the suspension of the season.

The figures could total £330m that are due as a rebate to broadcasters including Sky Sports and BT Sport.

However, that will not affect any of this year’s earnings with Liverpool in line to collect the largest amount after romping to the title.

read also:Liverpool seal signing of Greek defender Tsimikas

Liverpool will now pocket £175m in prize money and TV earnings – the highest amount ever received by a top-flight club.

Had the Premier League taken the decision to begin making repayments this season, Liverpool would have received £21m less.

The post Liverpool receive huge £175m cash boost appeared first on Sporting Life.

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