Newcastle United transfer budget set for Premier League prize money boost - as are Leeds, Arsenal and Man Utd

The Premier League season may still be far from over but already transfer rumours are beginning to swirl around Newcastle United.

The Magpies are expected to splash out once again this summer with qualification for a place in the Champions League very much the goal for Eddie Howe and his side.

Success in bringing the side back to Europe will come with a busier fixture schedule and the need for strength in depth if the club are to fight on more than one front.

James Maddison, Raphinha and Kieran Tierney are just some of the names recently linked with Newcastle United. The Public Investment Fund of Saudi Arabia probably have enough change in their back pocket to afford all three, but they’ll be helped by what is looking like a tasty sum of prize money coming Newcastle’s way this season.

The Premier League is one of the most lucrative in the world with huge sums of money passed around for broadcast and sponsorship deals. All 20 clubs get a cut of that money come the end of the season but the total amounts they receive depends on their league position.

Half of the money made in the domestic broadcasting deal is split evenly with each club given around £34.1 million and another 25% is based on facility, meaning the number of times a club is selected to be on UK television. The final 25% is divided out depending on league position. There’s a similar deal in place for international broadcast money.

talkSPORT reported how much each Premier League side received last season and we’ve compared those numbers with who sits where in the top flight as it stands - although final numbers will depend on which teams have been broadcast on television more than others.