Chelsea gets $152 million slice of the Premier League's revenues

Britain's football Premier League just revealed that Chelsea will receive £98.9 million ($152 million) out of the income generated from the sale of central broadcasting rights (UK and international) and other central commercial rights.

In the announcement by the Premier League on what its payments to clubs for the 2014/15 season, it said that Manchester City will receive £98.5 million ($151.3 million) and Arsenal will get £96.5 million ($148.2 million).

A post on its official website:

It has resulted in a ratio of 1.53:1 between of the club finishing top and that finishing bottom in 2014/15 and works as follows:

• 50% of UK broadcast revenue split equally between the 20 clubs
• 25% of UK broadcast revenue paid in Merit Payments ("Prize Money" per place in the table)
• 25% of UK broadcast revenue paid in Facility Fees each time a club's matches are broadcast in the UK.
• All international broadcast revenue, and central commercial revenue, is split equally among the 20 clubs.

Image credit: Premier League