Everton are set for a £22.5m windfall for finishing 13th in the Premier League, more than double the amount they received last year.
After a 15th place finish last year Everton were awarded just £10.1m in Premier League prize money alongside the £120m received by every club for TV rights and other shared commercial payments.
The club missed out on more money thanks to the Premier League’s eight point deduction over the course of the season, leaving Everton scrambling to meet PSR deadlines on 30 June and being forced to sell Ben Godfrey to Atalanta to balance the books.
David Moyes’ remarkable job since joining with Everton just one point above the relegation zone in January means the club have secured a 13th place finish and that means prize money is significantly higher for the Toffees.
They would get £22.5m in prize money, according to Football365, which is more than double that of the 16th place team, currently Spurs, who will earn £10.1m.
Wolves currently in 14th place after defeat to Crystal Palace meant they could no longer catch Everton, will receive £19.7m, while Manchester United would only get £14m for a 16th place finish.
Each Premier League place is worth around £3m on average and it means Everton’s second half of the season form has earned the club a major PSR boost.
Everton’s PSR position is still precarious before the 30 June deadline as the rolling three year total loses a ‘good’ year of £2m losses. The £62m loss of 2022/23 means last year’s loss of no more than £38m, plus this season’s loss must add up to less than £115m for Everton to pass.
While tight, the club is expected to pass PSR thanks to increased commercial revenue and the removal of several high interest loans that were reportedly costing the club up to £1m per week under former owner Farhad Moshiri. The club’s losses are dropping every year and with the added boost of league prize money Everton should be fine for PSR this year.
After 30 June, Everton then lose the ‘bad’ year of £62m in losses and, alongside more commercial revenue from Bramley Moore Stadium – now called Hill Dickinson Stadium in a major sponsorship deal – it means Everton will have much more ability to spend from July onwards.
You can read a full breakdown of Everton’s PSR position here.
Hi mate, unfortunately we’ve actually been hit as the club have had 16 games shown on tv vs 23 for last season. The same old repeated higher place more line is being span by everyone, but it may actually be outweighed by lost facility fees.