By Curtis Bagley

With the new season well underway, clubs up and down the country have been diving into their piggy banks and willingly splashing the cash on squad additions. English top flight clubs now have heavier wallets due to the new £8.7 billion television deal from Sky and BT. The new television deal means that all clubs in the Premiership have a lot of extra cash to resort to. Leicester City astonishingly won the Premier League title last season which was the biggest shock in the leagues history.

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A huge £150 million has been added to the Leicester City kitty, but they’re not the only ones with growing pockets. All Premiership clubs are set to share a humongous £8.7 billion of TV windfall money. This new deal confirms that the English Premier League is the most powerful league in the world and all 20 English top flight teams will dominate the richest clubs leader board and all feature in the top 40. Overall it is positive for English football because it means that English teams can compete with the superior forces such as Real Madrid and Barcelona.

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Every season three teams lose their place in the Premier League, however, three lucky teams get promoted, which means they get rewarded the all important TV funds. But for the relegated teams to have around £100 million to spend in the Championship, it could improve the Championship league stature and popularity. This also means that the difference in team qualities could make the league a lot easier to accomplish. For example the difference between Newcastle and Burton Albion. Newcastle do not only have a bigger stadium and a better squad, but also a lot more cash for exploit.

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Already the Premiership has seen this impact with clubs splashing the cash on players. An example would be the ridiculous the £90 million transfer fee of Paul Pogba, which smashed the record held by Real Madrid, who splashed out a massive £86 million for Tottenham and Wales star Gareth Bale. With the television companies forever competing against each other, it is scary to think what the future may hold, as the money in the beautiful game keeps rising.