Premier League signs new billion dollars TV rights deal: how much will Chelsea, United and City receive for six years?

TV rights is one of the major sources of revenue for federations, leagues and teams in sports. To earn the right to broadcast matches in regions, a company must acquire the rights from the league board or bid for it with the confederation and pay.

The Premier League entered a new agreement with an American company that will broadcast matches in the region and the deal is worth £1.1bn over six year and will see each club receive at least £9m per season.

The Premier League clubs already receive at least £40m per season in TV revenues divided across equal share, facility fees and merit payments from local partners while the revenues from foreign partners are shared equally among the 20 clubs.

The equal share guarantees each club about £34m while the facility fees guarantees about £12 while the merit fees is paid according to position with £2.5m for the 20th position and the same amount is added way up and the league winner receives about £50m.