Sunday 8 January 2017

FA Cup:FA chief Says It Plan To Increase Price Fund(See why)

The Football Association plans to increase FA Cup prize money with the aim of helping lower league clubs, says chief executive Martin Glenn.

In October, the FA signed a six-season overseas broadcast rights deal for the FA Cup – reportedly worth £820m.

Glenn said the FA could raise the current £25m fund because of the deal, which starts from the 2018-19 season.

“The FA Cup is a great way of redistributing money to the lower leagues,” Glenn told BBC Radio 5 live.

“The prize fund is £25m,” Glenn told Sportsweek. “We’re looking to increase that over the coming years and hopefully benefit the smaller clubs.”

Glenn also said the FA may look at introducing a “unity” payment which would help split money more equally. Under the current system, clubs receive a larger amount of money if their game is televised.

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