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Man Utd now breaking financial records

Manchester United's on the pitch success is mirrored by them becoming the first club to top the £60million mark in earnings from Premier League prize money and TV cash. United earned £60.4million, up to £7million more than last season.

Blackpool were the lowest earners of the Premier League but still pocketed £39.1million, while Chelsea earned £57.7m, Manchester City £55.5m and Arsenal £56.2m.

Premier League chief executive Richard Scudamore said: "We believe that our income distribution mechanism, the most equitable of Europe's major football leagues, rewards sporting success while also guaranteeing a significant amount to each club in order that they can plan from one season to the next.

"Many have commented on the competitive nature of this season's Barclays Premier League.

"The clubs deserve huge credit for putting on a fantastic competition. We believe the way we distribute broadcast income plays a part in allowing each club to compete at the highest level."

The Premier League also pay out £15million each in parachute payments to previously relegated clubs Hull, Burnley, Portsmouth and Middlesbrough. The three relegated clubs this season will receive the same amount.

Premier League broadcast payments 2010/11 (previous season in brackets)

Man Utd £60.4m (£53.0m) Chelsea £57.7m (£52.9m) Arsenal £56.1m (£51.7m) Man City £55.5m (£49.6m) Liverpool £55.1m (£48.0m) Tottenham £53.1m (£49.5m) Everton £49.6m (£42.8m) A Villa £49.1m (£45.9m) Fulham £47.4m (£38.2m) Newcastle £47.2m (£12.4m)* Sunderland £46.4m (£37.4m) West Brom £45.1m (£12.4m)* Stoke £43.6m (£39.0m) Bolton £42.8m (£36.6m) Blackburn £42.1m (£41.3m) Wigan £41.3m (£35.0m) Wolves £40.6m (£35.8m) West Ham £40.3m (£34.7m) Birmingham £39.8m (£41.1m) Blackpool £39.1m n/a

*£12.4m is parachute payment

Earnings: merit money: £756,000 per place in table (max £15.1m, min £756,000); domestic TV cash equal share: £13.8m, £582,000 per televised match (minimum payment £5.82m); overseas TV equal share: £17.9m.

 It's kicking off again! Click here for your No1 source for Manchester United transfer market news and gossip.

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