• 5 hours The Pandemic Proof $53 Billion Industry Wall Street Can’t Ignore
  • 7 hours Will Gold Hit $2,000?
  • 11 hours Trump’s Proposed Regulation Could Slow The ESG Boom
  • 1 day India To Auction 41 Coal Assets
  • 2 days Eldorado Sees Gold Production Soar In Second Quarte
  • 2 days Do Gold Stocks Still Have Upside Potential?
  • 3 days The S&P 500’s Top Companies Hold $2.5 Trillion In Debt
  • 4 days Electric Vehicle Rebound Bolsters Battery Metal Growth
  • 4 days BlackRock Makes A Run On Asian Stocks
  • 5 days Gold Prices Surge Above $1,800
  • 5 days Chinese Stocks Soar On Bullish Economic Data
  • 5 days Apple’s “Holy Grail Of Data” Leaves Energy Traders Disappointed
  • 6 days Gold Rally Adds $250 Billion To Top 50 Miners' Market Cap
  • 6 days TikTok Is Becoming A New Battleground For Tech Politics
  • 6 days Peru's Mining Industry Pummeled As Coronavirus Cases Surge
  • 7 days Why The World Is So Divided In Its COVID-19 Response
  • 7 days Equities Cheer Stellar Jobs Report, But It May Be Fleeting
  • 8 days Is Tech Billionaire Peter Thiel Done With Trump?
  • 8 days Musk Takes To Twitter To Troll The SEC
  • 9 days Lunar Mining May Commence As Early As 2025
BlackRock Makes A Run On Asian Stocks

BlackRock Makes A Run On Asian Stocks

On Monday, BlackRock downgraded U.S.…

Trump’s Proposed Regulation Could Slow The ESG Boom

Trump’s Proposed Regulation Could Slow The ESG Boom

The Trump administration has proposed…

Why The World Is So Divided In Its COVID-19 Response

Why The World Is So Divided In Its COVID-19 Response

The Covid-19 pandemic should have…

Damir Kaletovic

Damir Kaletovic

Writer, Safehaven.com

Damir Kaletovic is an award-winning investigative journalist, documentary filmmaker and expert on Southeastern Europe whose work appears on behalf of Safehaven.com.

Contact Author

  1. Home
  2. News
  3. Breaking News

This Sports Event Makes The Super Bowl Look Like The Pee Wees

Football

Americans may find this unbelievable--indeed, impossible--but a single football match (‘soccer’, if you must) between two clubs outside of the English Premier League is worth more than any other match in any other sport in the world.

The match is the English Championship, and the winner earns a whopping $215 million, adding to the instant glory and respect that come as fringe benefits.

To put this into perspective, this single match is worth three times more than any club can earn for winning even the Champions League, the Premier League or the FA Cup in an entire season.

By way of wider comparison, the money earned by sports teams in the United States, including the most popular NBA, NFL and MLB is far less.

Yes--even the Super Bowl, which brings in a stunning $6.25 million, doesn’t compare.

Nor does the NBA Final, which nets the winner $3.3 million.

Those are mere crumbs from the sports table.

Put simply, the match that allows a club entry into the English Premier League is one that is best summed up as “all or nothing”. This single game, which last 9-120 minutes, is the biggest challenge for any team in modern-day soccer. The winner takes all, including the lucrative promotional deals.

Former England striker Kevin Phillips knows the stakes better than anyone else. He’s played, and lost, this match three times, before finally winning on the fourth try about a decade ago.    

"People say that winning the playoff at Wembley is the best way to be promoted. But, believe me, it is the worst place to lose and miss out on promotion. It's horrible to lose, but the relief that comes with winning is overwhelming," Phillips his nightmare and, most probably, most exciting moment in his career. Related: Russian Central Bank Eyes Gold-Backed Crypto

So why, exactly, is this playoff game the most lucrative in the world?

There are a few explanation. The easiest way to understand all of these numbers is to look at the income of TV broadcasting, just like the Super Bowl--but far more global in nature.

According to official figures for the 2018-19 season, broadcast revenue totalled $3 billion--an amount distributed among the 20 clubs in the Premier League. Of that $3 billion, each club was guaranteed at least $43.4 million in equal share payments, $54.4 million in international TV revenue and $6.2 million in central commercial payments. So, regardless of position, each team in the EPL enjoys a commercial baseline of roughly $104.4 million. And it’s all determined by the results of the seasons. Win, and you win big.

Nor is that the end of the benefits: There’s still more money to be made once you make it as far as the English Premier League, or money to lose if you’re one of those clubs that is “relegated” back to their previous league for underperformance. Those relegated are given 'Parachute Payments', which are intended to give those who fall from grace back into the second tier a softer financial landing.

At the time of writing, two teams just closed out a battle to make it to the final EPL match. Two former teammates, now two coaches for different teams, were leading the struggle: Frank Lampard (Derby County) and John Terry (Aston Villa), both of whom used to play for Chelsea.

Both are wild success stories. But for today’s match, and with so much money at stake, friendship doesn’t come into play--just iron will to win. This time, Aston Villa was the winner to take all, with a 2:1 victory. It’s only fitting, since England is the cradle of football, and this is where history should naturally be written, and it’s a history that far overshadows the likes of the Super Bowl, both in terms of money and global prestige.  

By Damir Kaletovic for SafeHaven.com

More Top Reads From Safehaven.com:

Back to homepage

Leave a comment

Leave a comment