Premier League clubs fail to secure support for larger share of TV money

 
Joe Hall
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Scudamore's proposed compromise failed to find support (Source: Getty)

The Premier League's biggest clubs are failing to find support for a redesign of the division's TV money distribution which would see them gain a greater share.

Last season's top six clubs — Manchester United, Arsenal, Tottenham, Liverpool, Chelsea and Manchester City — want to end equal distribution of the £3.2bn the league makes from overseas broadcasting rights.

The six clubs, who most often represent the Premier League in European competitions, argue that they deserve a greater slice of the pie as it is their larger global fanbases that drive foreign TV companies' interest.

Read more: Here's how much each Premier League club made from TV money last season

Premier League chairman Richard Scudamore's proposed compromise of just 35 per cent of overseas rights being distributed by league position — presented to clubs at a meeting of club executives — only won over Everton, Leicester City and West Ham, according to reports.

A formal vote on the reforms set for next week requires the support of at least 14 clubs.

Clubs who finish near the top of the Premier League already earn a greater share of its end-of-season payments — last season's champions Chelsea won £150m while bottom club Sunderland finished with £93.5m.

Commercial revenue, overseas TV money and a portion of domestic TV money is currently equally split amongst Premier League clubs, but bigger teams still make more from merit-based payments as well as "facility fees" based on the number of home fixtures broadcast live.

Last season every club in the division made £39.1m in overseas TV rights.

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