Welcome everybody to Soccer 101.

My name is Taylor Rockwell, and on this episode, I'm going to be discussing the Premier League origin story, which begins way, way back in the grand old days of 1992.

But before we get to that, let's talk about today.

The Premier League of 2020 is the richest league in world soccer.

The league's TV revenue alone is staggering, with clubs earning a combined total of

2.45 billion pounds last season.

That's billion with a B, and that's last season alone.

Drilling a little deeper, 19th place, Watford, last place, Norwich, combined to receive about 200 million pounds in overall prize money themselves.

By contrast, the Bundesliga deal for the same year brought in 1.16 billion euros with 930 million euros set

aside for Bundesliga teams, the remaining 230 million euros going to clubs in Bundesliga

2. Not to overwhelm you with numbers right away, and we're going to take a break from

financials after this, but what that means is that the bottom two teams in the Premier League

last season got about the same amount

of TV revenue as the entire German second division. But more telling, the teams that finished

in the last two spots in the Bundesliga got a combined total of about 58 million, 59 million

euros, so a little more than half of what Watford alone earned. Not bad. Champions by Munich got the largest percentage

of the pie in Germany, bringing in about 68 million euros for their domestic campaign. That's

certainly not chump change. I would like 68 million euros, for example, but does look a little

meager when compared to, say, Newcastle, who finished 13th last season, getting 120 million pounds themselves.

And obviously, financials alone does not a successful league make.

If it did, a Premier League team would win the Champions League every season, as opposed to not every season, which is their current policy and plan.

But the point I'm trying to get at is that the TV revenue that the league is making

...