How much are the EFL play-off finals worth?

Jonty Colman

BBC Sport journalist

The winners of the 2024-25 Championship play-off final are set to receive an estimated £210m.

Their counterparts in League One will be about £12m better off, while the club victorious in the League Two final will receive more than £2m in additional income.

Sheffield United, who will face Sunderland or Coventry City in the Championship final on Saturday, 24 May, currently receive parachute payments, which would stop if they were promoted.

But whoever returns to the top flight – joining Leeds and Burnley – will secure a share of the new domestic television deal, which is worth £6.7bn across four seasons.

They will also receive centralised commercial fees, facility fees and merit payments and be entitled to possible parachute payments – if they are relegated back to the Championship.

We have not factored in multiple seasons in the Premier League in our estimated figure of £210m.

Both Championship play-off finalists also receive a share of the gate receipts from Wembley – which is about £2m.

Premier League clubs are set to earn an average of £83.75m per season in revenue from the new television deal, which covers the next four years.

Clubs will earn slightly more per season than they have in recent years; the last deal – £5bn over three years – meant average earnings were £83.33m.

The new deal means 70 more games will be televised per season – up from 200.

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Clubs relegated from the Premier League receive parachute payments for up to three seasons.

In the first season after they are relegated, they receive about 55% of the broadcast revenue they would have earned were they in the Premier League. That drops to 45% in year two and 20% in the third season.

Should a relegated club be promoted within the three seasons, the payments stop.

As Sheffield United are among the clubs receiving parachute payments, should they win the play-offs, the jump in revenue for them will be lower than it would be for Sunderland, or Coventry.

Leeds received £49m in parachute payments for the 20223-24 season following their relegation from the Championship in the previous season.

Based on the figures from the new broadcast deal, a club that is relegated and is not promoted within three years would receive a total of £101.6m.

While not as lucrative as the Championship final, there is still good money up for grabs from winning promotion out of League One and League Two.

For the 2024-25 season, clubs in the Championship received about £11m – a significant jump from a figure in the region of £2m per season for playing in League One.

The £11m is made up of a ‘basic award’ and solidarity payments from the Premier League.

In League Two, the corresponding figure is in the region of £1.5m per season.

Clubs who are relegated from the Championship, League One and League Two also receive parachute payments – but on a much smaller scale.

Relegated clubs from the Championship receive 11.1% of the basic award payment to Championship clubs for one season.

Clubs who drop out of League One receive 12.6% of the basic payment to League One clubs for a season.

For clubs relegated from League Two, they receive 100% of the basic award payment for a season and 50% for the next season, unless they have returned in their first season.

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