What Can You Buy With The Championship Play-Off Final Prize Money?
The Championship Play-Off Final is often described as the richest game in football – so what can you buy with the Play-Off Final prize money?
Coventry City and Luton Town will go head-to-head on Saturday for a place in next season’s Premier League with huge financial rewards on offer for the winner.
The value of the Championship Play-Off Final has skyrocketed in recent years due to the rising Premier League revenue. If you hold one of the coveted 20 spots in England’s top flight it brings a giant financial boost to your club.
The financial rewards for winning the final are not immediate, in fact, custom dictates that the loser on the day often leaves Wembley the richer as they keep all gate receipts as some sort of consolation prize. But the real prize is the place in the Premier League.
What is a place in the Premier League worth?
In 2020, Deloitte estimated that a club promoted to the Premier League and able to stay there for five seasons could bring in revenue of £265m with that figure likely to be even larger today.
This would be something of a rags to riches story with both clubs, Coventry City and Luton Town, in League Two as recently as 2018. Football finance expert Kieran Maguire expecting Coventry to generate close to 10 times their total from last season which generated £18m ($34m) from ticket sales, commercial arrangements, and TV,” if they were promoted to the Premier League.
“If they go up to the Premier League, that is going to go about £130-140m ($245-265m) minimum – and that is the worst-case scenario, finishing bottom. For every additional place higher, there is an extra £3m ($5m).” Maguire told BBC CWR.
But there is still a cost involved in staying in the Premier League, each team promoted from the Championship last season has stayed up this season. However, take Nottingham Forest, who went up the via the play-offs last year, went closest to going back down and spent big by signing 21 players in the summer and 9 in January.
Steve Cooper’s side have ended up paying about €195m on new player signings which shows just how expensive it can be to maintain a spot in the Premier League.
So how much can £265m buy you?
Rising costs and inflationary pressures is one of the biggest societal challenges we have today, so with that being said what could £265m get you?
640 Million Freddo Bars: The famed Freddo may have suffered in value through rising inflation in recent years one will now set you back 0.40 cent, but £265m will still get you 640 million of them!
160 Bugatti Veyron’s: The Bugatti may be the most expensive sports car on the market but £265m could get you 160 of them
52 Private Performances from the Eagles: You could probably get a performance for anyone in the world for that money, but the Eagles once charged €6 million for a private performance of “Hotel California” in front of a wealthy benefactor.
24 Developed Islands: If you want to back yourself an island prices can range from about $500,000 for a 0.5 to 1-acre undeveloped private island. But you will pay up to €10 to €12 million for larger 60-to-70-acre islands, often with some infrastructure and development in place such as existing homes, docks, roads and airstrips.
2 Disneylands: In 1955, it cost the Walt Disney Co. $17 million to build Disneyland in California. Adjusted for inflation, an exact replica of the original park would cost about $150 million to construct today.
Who will win the 2023 Championship play-off final?
We analysed the game in our full Championship Play-Off Final preview.
Click Below For All Our Coventry City v Luton Town Play-Off Final Odds
*Prices subject to fluctuation
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