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Friday 14 December 2018

Reds owner claims more for big clubs

Liverpool chairman John W Henry
Liverpool chairman John W Henry

Liverpool chairman John W Henry has been successful in his efforts to ensure the top Premier League clubs receive more cash from overseas television deals, after it was confirmed changes to the payment structure have been introduced from the start of the 2019/20 season.

The Premier League currently distributes all international broadcast revenue equally between the clubs, but that will change in the summer of 2019, in a move that may widen the gap between clubs at the top and bottom end of the table.

"When the Premier League was formed in 1992 nobody could have envisaged the scale of international growth in the competition which exists now," said Premier League Executive Chairman Richard Scudamore.

"Back then the clubs put in place a revenue sharing system. This new agreement will continue that trend with a subtle change that further incentivises on-pitch achievement and maintains the Premier League's position as the most equitable in Europe in terms of sharing central revenues."

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