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Revealed: The minuscule amount Newcastle received in prize money for winning the Championship; Newcastle United won the Championship title in 2016/17, but the Magpies received very little prize money for doing so.

Byline: Chris Waugh

Newcastle United received just [pounds sterling]50,000 in prize money for winning the Championship in 2016/17 - more than 400 times less than they earned for finishing 10th in the Premier League the following season.

Although those figures do not include the television revenue or parachute payment United also received, they help to show the huge financial gulf between the top flight and the second tier.

Merit-based payments are not prominent in the Football League - United were one of the few teams to be awarded a sum of money for their finishing position - but in the top flight they augment the TV riches, too.

Official Premier League figures released earlier this month confirmed that United received more than [pounds sterling]21.2million in the form of a merit-based payment for finishing 10th in the top flight in 2017/18.

The Magpies are also due [pounds sterling]34.8m from the Premier League's domestic TV deal, a further [pounds sterling]40.7m from the overseas deal, and [pounds sterling]4.8m from the central-commercial deal - and [pounds sterling]21.3m in 'facility fees' after being broadcast live on 18 separate occasions.

Newcastle United prize money: How much have the Magpies made from Premier League top-10 finish?

In the Championship, however, it is understood that Newcastle received a one-off [pounds sterling]50,000 merit-based payment for winning the second-tier title.

On top of their [pounds sterling]40m parachute payment, the Magpies also gained roughly [pounds sterling]2m in central EFL TV revenue in 2016/17 - while their facility fees were just a fraction of those Premier League sides receive.

While home teams now receive roughly [pounds sterling]1.2m in facility fees per televised game in the Premier League (it was [pounds sterling]750,000 back in 2015/16, however), Championship teams are given just [pounds sterling]100,000.

Away sides, meanwhile, earn roughly [pounds sterling]1.1m per televised match in the top flight (up from [pounds sterling]700,000 in 2015/16), yet they are awarded just [pounds sterling]10,000 in the second tier.

The Magpies'annual accounts up to June 30, 2017, show that Newcastle's media income fell from [pounds sterling]72.7m in 2016 to [pounds sterling]47.4m year on year as a result.

Newcastle's [pounds sterling]46m transfer spend, [pounds sterling]94m squad and Charnley's wage - what we learned from the accounts

What those figures do not take into account, however, is that every top-flight club earned approximately [pounds sterling]30m more in 2016/17 than they did in 2015/16, due to the fact it was the first year of the current TV deal.

Therefore, United essentially fell [pounds sterling]55m behind every top-flight side - and that is only when you consider TV money.

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Credit: Getty Images Europe

Newcastle United players Jamaal Lascelles (l) and Jonjo Shelvey lift the trophy after winning the Sky Bet Championship title after the match between Newcastle United and Barnsley at St James' Park on May 7, 2017

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Title Annotation:Sport
Publication:The Chronicle (Newscastle upon Tyne, England)
Date:May 24, 2018
Words:504
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