Since the start of the Premier League, the prize money for playing in the English top tier of football has skyrocketed.

According to reports, this season clubs will fill their pockets with £100 million for the bottom clubs and up to £150 million for the top sides meaning that Manchester United should become the first club to earn over £1billion from the competition.

Betting firm Spreadex conducted a study based on the prize-money income for Premier League clubs since it began in 1992-93.

Manchester United top the list with a total of £870.3 million from Premier League payments with Arsenal in the second place with £842.8 million.

It’s interesting that Liverpool and Chelsea are separated by only £56,809 over the 24 seasons with both clubs earning around £815.4 million over the said period.

Of all mentioned clubs, Manchester United are the only ones expected to break the £1 billion barrier this season, thus becoming the first club in the history of Premier League to achieve that feat.

Arsenal, Liverpool and Chelsea are expected to close in on that number but it’s unlikely that any of them will actually reach it until next season at the earliest.

Top 10 prize-money earning clubs in the Premier League are:

  1. Manchester United = £870,270,178
  2. Arsenal = £842,767,443
  3. Liverpool = £815,422,132
  4. Chelsea = £815,365,323
  5. Tottenham = £750,281,906
  6. Man City = £723,497,948
  7. Everton = £700,261,154
  8. Newcastle = £649,353,497
  9. Aston Villa = £649,236,912
  10. West Ham = £585,267,008
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……

49. Notts County = £1,493,500

Total amount of prize money: £14,788,455,945

The other clubs on the list can be seen here.

Last season, Premier League clubs earned a total of £1.64 billion, and this season that number is expected to be much higher.

Confirmation of this will come in the summer, after the Premier League announces the final figures.