Liverpool will reportedly receive a record £175million payout after winning the Premier League last season.
The Times have stated all clubs in the top flight will receive full prize money for the previous campaign after "agreeing to delay any reductions caused by the COVID-19 crisis", which means the Reds are in line for a massive windfall after they took the crown.
A decision over payouts is said to have been confirmed at last week’s annual general meeting of Premier League clubs’ chief executives and chairmen with cash pots divided up from both prize money and TV revenue.
The national newspaper also state: "The 20 clubs have decided that the Covid-related cuts to TV income, which could total £330 million via rebates to broadcasters, will be spread out over future seasons and will not affect the most recent campaign.
"If the rebate had been applied to last year’s earnings it would have seen Liverpool’s prize money drop by £21 million, according to analysis by the football finance expert Swiss Ramble."
This is the first time payouts to clubs have included proportions of overseas TV money allocated as to where they finished in the Premier League table, rather than it being equally split across all teams.
In 2018/19, runners-up Liverpool and then champions Manchester City both earned just over £150 million.
Get the details behind Liverpool's signing of Kostas Tsimikas on The Agenda podcast HERE
The Premier League normally releases details of its payments to clubs in the week after the conclusion of the season but they have so far yet to do so.
For more details, the full report can be found here.
