Liverpool prize money: How much players will earn from winning Premier League title

 Liverpool have officially been crowned Premier League champions with four games to spare, earning millions of pounds in the process. They wrapped up the honours in style with a thumping 5-1 victory over Tottenham, sparking wild scenes at Anfield. It was the celebration their fans were denied five years ago, when Liverpool landed the title for the first time since 1990.

Thousands of fans gathered outside Anfield to join the party, leaving a trail of red mist across the sunny skies. In the stands, young children were hoisted on shoulders as supporters of all generations basked in the glory. Aside from the players and fans, the owners will also be delighted given the financial benefits on the horizon.

Express Sport takes a look at how much prize money the Reds will receive for winning the Premier League title...

How much will Liverpool get for winning the Premier League title?

There is no specific prize fund for the Premier League champions, but Liverpool are still due to receive millions of pounds. At the end of each season, every club in the division lands a payout based on their final league position.

Last year, Manchester City claimed the highest merit payment of £22.6million, which suggests Liverpool can expect to receive a similar amount following their own triumph.

The players and staff, meanwhile, will almost certainly get bonus payments for winning the Premier League title. Most, if not all, of them will have special clauses written into their contracts.

Other financial benefits could arrive through commercial deals with sponsors, such as kit suppliers Nike. It is common for companies who have deals with clubs to negotiate bonuses for such scenarios.