Thursday 7 June 2018 12:42, UK
Premier League clubs have agreed new revenue-sharing for international broadcasts that will see the top clubs potentially earn more.
The clubs will continue to share current levels of international revenue equally, but any increase from 2019-20 will be distributed based on where each team finishes in the top flight.
However, total broadcast revenues will be capped at 1.8 times the amount earned by the bottom team - a rise on last season, which was 1.6 times. Additional income will be shared so that the 1.8 cap is maintained.
Premier League Executive Chairman Richard Scudamore said: "When the Premier League was formed in 1992 nobody could have envisaged the scale of international growth in the competition which exists now.
"Back then the clubs put in place a revenue sharing system that was right for the time and has served the league well, enabling them to invest and improve in all areas.
"This new agreement will continue that trend with a subtle change that further incentivises on-pitch achievement and maintains the Premier League's position as the most equitable in Europe in terms of sharing central revenues.
"By coming together and agreeing this change, the clubs have provided a platform for the future success of the League for many years ahead."
The Premier League's position as the most equitable in Europe in terms of distributing central revenues will be maintained under the new provisions.
In the Premier League's inaugural season in 1992-93, the ratio between the maximum and minimum a club received from central revenues was 2.1:1
The league's UK broadcast revenue - 50% of which is shared equally between clubs and 25% each on prize money and broadcast facility fees - will continue to be distributed in the same way, as will central commercial revenues.
