Of course, comparing 2013-14 to 2012-13 is not keeping ‘all else equal’. The season just finished was the first one under the new Sky-BT domestic TV rights deal which was worth far more than the previous TV deal (£3.02bn as opposed to £1.77bn.). Consequently, the amount of money distributed within a season increased from £0.97bn to £1.56bn. In terms of how the Sky-BT money is distributed, 50% is distributed equally while 25% is allocated depending to both finishing position and the number of appearances in a live game. Overseas TV income is divided equally among the clubs. Liverpool earned almost 60% more than Cardiff.
This increased advantage will be exacerbated by the relegated clubs now receiving much higher ‘parachute’payments of £59m over four years (see here). While Championship clubs receive ‘solidarity’payments from the Premier league, these are dwarfed by the former.
The ‘yo-yo’ effect may be about to get stronger.