Man Utd Tops Premier League Payouts
Premier League champs Manchester United are once again English football’s biggest earners.
Figures released Tuesday by the EPL indicate the Red Devils received more than $92 million in prize money and broadcast payments.
Even the newly relegated Queen Park Rangers raked in just over $60 million, the lowest payment for any Premier League club in 2012/13.
After United, the other top earners were Manchester City ($88 million), Arsenal ($86 million) and Tottenham ($85 million).
Under the current arrangement, half of all UK broadcast revenue is split equally among the 20 clubs, another quarter is distributed depending on end-of-season standings and the final quarter is calculated on the number of TV appearances for a team throughout the season.
All overseas broadcast revenue is split equally among the clubs.
To view the complete club-by-club breakdown of Premier League payments, click here.
More Stadium Delays for St. Petersburg?
St. Petersburg’s stadium for the 2018 World Cup could be delayed until 2017, authorities in Russia report.
“The completion terms, in the best case, are the end of 2016 or the start of 2017,” Sergei Stepashin, the head of the government agency auditing the project, was quoted Tuesday by the Indo-Asian News Service.
Estimates of December 2015 were inflexible and did not account for potential “operational decisions” along the way, he added.
Construction on the 69,500-seat New Zenit Stadium started in 2007 and was originally supposed to open in 2008. St. Petersburg is scheduled to stage a semifinal during the 2018 World Cup as well as matches during the 2017 Confederations Cup.
In addition to the delays, the project is also under investigation over allegations of fraud involving cost overstatements. Estimates of $1.3 billion – more than three times the original budget – were trimmed to $1.1 billion in March.
“We’ve reduced the cost of the stadium, but it’s like Wembley, it’s very expensive,” Stepashin was quoted by IANS.
109th Anniversary for FIFA
FIFA turns 109 years old Tuesday.
World football’s governing body was founded in Paris on May 21, 1904 by representatives from France, Belgium, Denmark, Netherlands, Spain, Sweden and Switzerland.
The first FIFA Congress followed two days later with French journalist Robert Guerin elected president.
Today, FIFA numbers 209 member associations, all of which will be represented later this month in Mauritius for the 63rd FIFA Congress.
“FIFA President Joseph S. Blatter, who is celebrating the 15th year of his presidency this year, hopes to continue the reform of the organization at the FIFA Congress, with a number of proposed amendments to the FIFA Statutes to promote ethics and to continue the fight against discrimination,” said FIFA.com.
“The Congress will also see the first-ever formal election of a female member of the FIFA Executive Committee.”
By INSIDER’s Matthew Grayson
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