Welcome, everybody to soccer 101.

My name is Taylor Rockwell, and on this week's episode, we're talking about a topic that would appeal to my three-year-old daughter, prizes, specifically prize money. That money, maybe less so for her. Who gets it? How do they get it? When do they get it? I guess where do they get it? Graham Ruffin, are we going to answer all of those things? Maybe not where do they get it, but a lot of other things, hopefully we'll make clear. Hello, Taylor Rockwell, yes. Hopefully we'll answer some of those questions. Believe it or not, soccer teams, they don't just play for the love of the game. They play for money. Capitalists, like capitalism. I know. Shocker, but there we go. Big if true. Big if true. Yeah, so let's start right there, Graham. So players are obviously guaranteed their, their competition. That's their own

contracts. That's their wages, all that good stuff. Clubs can make money off of many different things. But prize money for competitions, for the various competitions they participate in or win is a big part of that. And then you get into the international game as well with national teams getting prizes.

Basically, there's a lot of money out there, but it's kind of tricky to get it.

Yeah, points mean prizes in the broad scheme, the grand scheme of things.

If you are participating in a competition, then you will receive some form of prize money.

Even if you finish bottom of that table, you will generally receive some form of money.

It's not like tennis.

If you lose a match in tennis, you don't receive anything.

Football is a little bit more forgiving than that.

You don't get anything?

So, yeah, if you lose a match, you only win,

you only get your prize money if you win, yeah, in tennis, which is pretty brutal if you travel

halfway across the world and then lose in your first round match, yeah. So soccer is a little bit

more forgiving than that. They do, soccer teams do indeed receive prize money. Obviously

different leagues and competitions, different hand out in different ways. But yes, broadly

speaking, the better a team does, the more money they will receive in the form of prize money.

It can get a bit confusing in the way that leagues will combine prize money and broadcast revenue

together. So it's not, in the case of the

Premier League, for example, it's not really kind of pure prize money. It's more giving you a

bigger chunk of the broadcast revenue depending on where you've finished that season. So there are all

sorts of different nuances and complications, but hopefully we'll try and outline it here in this episode.

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