Leicester city football club who recently celebrated their big win in the Premier league are said to be entitled to over 220million US Dollars. This was reported by Repucom Sports Data firm.
The cash grant is said to come from the Premier League’s huge television revenues, playing in the Champions League, new sponsorship and higher gate receipts owing to their success.
The spokesman for the firm stated:
“Leicester City FC’s real commercial potential will become clearer in the season break as brands vie to associate themselves to the club and in turn, the league winners aim to maximise the returns their status could command.”
Adding further that the clubs cash grant would emerge from..
— Potentially more than £90 million from winning the Premier League against £72 million when they came 14th last season.
— They would get £33m just for appearing in the group stages of next season’s Champions League, with another £3m waiting in performance bonuses.
— A third place finish in their group would guarantee a place in the Europa League and another £20m.
–Higher match day and commercial revenues could bring another £10m-£15m.