Blackpool Football Club’s victory guarantees them the biggest windfall in global sport from the outcome of a single event: £95m, and possibly more. A prize that exceeded any previous prizes on offer to a team or individual from a football match, including the Champions League final or World Cup final, any boxing match, horse race, golf tournament or tennis event, or any single event in the major sports in America, home to four of the world’s richest sports leagues.
The £95m-plus is new, extra income that Blackpool Football Club will generate in the coming seasons as a result of winning at Wembley. Had they lost, nothing will be guaranteed on them: that is now Cardiff’s fate, although the finalists seconded that the losers would receive 100% of the gate receipts.
Blackpool Football Club will generate at least £40m from central Premier League funds next season, even if they finish bottom and are demoted. The bottom club this season, Portsmouth, had revenue of £31.8m in 2009-10, but new TV deals covering 2010-13 kick in this summer. Premier League sources expect the bottom club’s central funds income to be £40m-plus in the followingseason.
If Blackpool Football Club are demoted right away, they will earn another £48m in parachute payments over the next four seasons, broken down into £16m in years one and two after relegation, and £8m in years three and four. So that’s £88m guaranteed from Premier League central funds, in the worse-case scenario.
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