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<strong>PREMIER</strong> <strong>LEAGUE</strong> RULES: SECTION D<br />

SECTION D: THE <strong>LEAGUE</strong> – FINANCE<br />

Distribution of Radio Contract Money Old Rule<br />

D.25. The League shall pay out of Radio Contract Money:<br />

D.25.1. its operating and other expenses in accordance with Rule D.11; and<br />

D.25.2. any other sum approved by a Resolution.<br />

C.44<br />

D.26. In consideration of Clubs providing such rights, facilities and services as are required<br />

to enable the League to fulfil any Radio Contract, as soon as practicable during or<br />

after the end of each Season, subject to Rule E.21 and E.30, the balance of Radio<br />

Contract Money shall be distributed by way of fees equally between Clubs.<br />

Relegated Clubs Old Rule<br />

D.27. Subject to Rules D.28, D.29, E.21, E.30 and E.34, each Relegated Club shall receive<br />

the following fees:<br />

D.27.1. in the first Season after being relegated, a sum equivalent to 55% of 1<br />

share of each of the Basic Award Fund, Overseas Broadcasting Money and<br />

Title Sponsorship Money;<br />

D.27.2. in the second Season after being relegated, a sum equivalent to 45%<br />

of 1 share of each of the Basic Award Fund, Overseas Broadcasting Money<br />

and Title Sponsorship Money; and<br />

D.27.3. in each of the third and fourth Seasons after being relegated, a sum<br />

equivalent to 25% of 1 share of each of the Basic Award Fund, Overseas<br />

Broadcasting Money and Title Sponsorship Money.<br />

C.46<br />

D.28. Subject to Rules D.29, E.21, E.30 and E.34, a Relegated Club relegated at the end<br />

of Season 2008-09 shall receive the following percentages of 1 share of each of<br />

the Basic Award Fund, Overseas Broadcasting Money and Title Sponsorship Money:<br />

50% in the second Season after being relegated and 25% in the third.<br />

D.29. There shall be deducted from each payment to a Relegated Club made pursuant<br />

to Rules D.27 and D.28 the sum of £2.3m.<br />

Value Added Tax Old Rule<br />

D.30. Value Added Tax shall be added to each fee paid in accordance with Rules D.17,<br />

D.19, D.21, D.23, D.26, D.27 and D.28.<br />

C.49<br />

Distribution Account Old Rule<br />

D.31. Each distribution made under the provisions of Rules D.17, D.19, D.21, D.23 and<br />

D.26 shall be accompanied by an account showing how it has been computed.<br />

C.54<br />

98<br />

C.45<br />

C.47<br />

C.48

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