The Carabao (EFL) Cup has always been treated by the big clubs as a competition to test their youth and reserve team players, to gain experience. But in recent years, it has become a vital competition as the big clubs look for more silverware to add to their trophy cabinet and raise their profiles commercially, which in turn, generates more sponsorship and other revenue streams for the clubs.
Let’s take a look at how the TV Rights revenue, Gate revenue and Prize money are distributed among the participating clubs:
- 45% of the gate receipts for every home and away game from Round 1 to the Finals
- Part of broadcasting money to teams who’s games are shown live in UK territory
- £100,000 for the winner of Carabao (EFL) Cup
- £50,000 for the runners-up
- Europa League place for the winners or runner ups (in case the winner qualified through the Premier League)
- The prize money – FA will distribute £5,000 to the winners of round 1 ties , £7,000 for the round 2 winners, £10,000 for the round 3 winners , £15,000 for the round 4 winners and semi-finals winners get £25,000.
Carabao (EFL) Cup Prize Money Breakdown:
Round 1 (35 teams) – (total 70 teams enters round 1) £5,000
Round 2 (24 teams) – (13 premier league teams join) £7,000
Round 3 (16 teams) – (24 round-2 winners joined by 8 premier league teams playing in Europe) £10,000
Round 4 (8 teams) – (winners of round 2) £15,000
Quarterfinals (4 teams) – £20,000
Semifinals (2 teams) – £25,000
Runners-up (1 team) – £50,000
Winners (1 team) – £100,000
Gate Revenue and TV Rights Revenue:
Each finalist gets 45% of the Wembley final ticket sales revenue. Which approximately is just over £1 million. Gate revenue from the first round games is divided 45% for each team and 10% for the FA. That is why the teams from the lower division are over joyed when they draw a top premier league side for an away game.
A team from the lower division with a winning run of results in the Carabao (EFL) Cup can earn significant revenue as most of the lower division clubs are financially struggling and if they can turn the odds and win the cup they can also get a place in Europa League, which brings in more revenue from the UEFA.
The exact amount of the TV Rights revenue for the Carabao Cup is mostly unknown, but it is not a significant amount as per sources.