Liverpool is set to receive a record £175 million payout in prize money for winning the Premier League title.

Topflight clubs agreed that they would receive their full prize money for last season, where Jurgen Klopp’s Reds won by a huge 18-point margin, and delay any reductions caused by the coronavirus pandemic.

All 20 Premier League clubs decided that the relevant cuts that were made due to the virus outbreak, which could total up to £330 million via rebates to broadcasters, will instead be spread out over future seasons in order to not affect club’s current income at this fragile time, according to The Times.

The clubs also agreed to another advance of solidarity payments to EFL clubs, after the £125 million paid in April that was actually due in August this month.

However, they stopped short of bailing out the lower league teams.