As Liverpool are confirmed as Premier League champions, the Reds should be in line for a bumper payday as a result although the amount will reportedly be reduced from the regular amount.
The top flight of the English game is considered the most lucrative football league in the world, with Forbes reporting a total payout of £2.46billion last season.
Ahead of the 2019/20 campaign, a new three-year rights cycle began and the overall payout was expected to potentially increase by more than £180m.
Mirror Online report due to the impact of COVID-19 and resulting lockdown, this year's champions will receive a reduced figure because of lowered income from broadcasting and matchdays.
Jurgen Klopp’s men will still win the biggest possible bonus, which will be snipped by 14% to £54million, with the money going down by about £2.7 million per place for teams below them in the league table, according to an article in The Times.
The season was ended without fans in attendance, meaning clubs have lost out on ticket sales and running costs for match days have also been different.
Only the performance-dependent payments to clubs will be affected, so the champions still stand to cash in on a total of £175million after lifting the Premier League trophy for the first time last week.
Below is a breakdown on prize money is usually broken down for clubs in the Premier League.
Premier League prize money is broken down as follows:
Equal share - 50% of the fund is equally shared between all 20 clubs
Facility Fees - 25% is allocated based on number of club's matches broadcast in UK
Merit Payments - This is the payment based on the finishing position in the league table
Central Commercial Revenues - shared between all clubs
International broadcasting revenues - the Premier League is unique in that it divides equally the big money gained from selling broadcast rights to games abroad. A big boost for all clubs.
Last year, each club received payments of £34m in equal share, £43m in international TV rights and £5m in central commercial revenue.
Manchester City, who won the league last season, earned £38.4m in merit payments and £30m in facility fees.
Liverpool took home over £152m despite finishing second, as the Reds had more games televised live. They received £36.5m for being runners up.
