How Much Prize Money For Winning L2?
Argyle have a great chance of winning the League Two title next week but how much prize money would they receive?
The answer is: none!
There is no extra prize money for winning a championship because all League Two teams receive the same payments from the EFL regardless of finishing position.
Last month I asked those in charge at the EFL how much prize money would a title winning team receive and they confirmed there is no extra prize money for finishing top of League Two and no ladder system operates across all three divisions of the EFL.
So Argyle, should they win the title, will receive the same financial payments as relegated Leyton Orient.
Each League Two club will receive £472,000 as a 'basic award' plus a £430,000 'solidarity payment' from the Premier League.
Basic award across the EFL:
Championship - £2.084m.
League 1 - £677,000.
League 2 - £472,000.
Premier League Solidarity payment across the EFL:
Championship - £4.3m
League 1 - £645,000.
League 2 - £430,000.
A trophy will just have to do!