Premier League Founder Members Agreement
The 22 founding members of the new Premier League were Arsenal, Aston Villa, Blackburn Rovers, Chelsea, Coventry City, Crystal Palace, Everton, Ipswich Town, Leeds United, Liverpool, Manchester City, Manchester United, Middlesbrough, Norwich City, Nottingham Forest, Oldham Athletic, Queens Park Rangers, Sheffield United, Sheffield Wednesday, Southampton, Tottenham Hotspur and Wimbledon. It was a historic moment, the blazers walking around in costumes. For those who have since witnessed the fight of the England team or have seen their club fall further and further behind the zenith of the home game, with the chance of not even winning the Premier League, it is indeed a sporting tragedy. But that`s when something wonderful happened, a piece of administration genius, that would capture a different, much wider audience. A few minutes after Millichips` fateful words, the clubs had heard enough. They announced that they would organize the league between them. Millichip, in another anachronistic gentleman`s act, offered them a conference room next door. The clubs took him and appointed Parry, who had worked in a supporting role for Kelly as an ambassador for the renegades, to a third job: that of president of the deputation league. As the amendment to Graham Kelly`s foundation agreement demonstrated, ancestry was uncertain, even in its design. In 2017, many of the problems weighing on the English game, from the lack of young English players in the lead to the sense of disillusionment that some have with the cost of watching the game, seem resolved if the interests of the game`s management were aligned with those of their most precious fortune. Created on February 2, 1992 as the FA Premier League, after the clubs of the First Division of Football decided to break away from the Football League founded in 1888 and use a lucrative agreement on television rights.
 In 2013/14, the agreement had a domestic value of approximately $1 billion, with Sky and BT Group securing national rights for the broadcast of 116 and 38 games respectively.  The League is a company in which member clubs are shareholders and generates 2.2 billion euros of national and international television rights each year.  In 2016/2017, the clubs were split with payment revenues of $2.4 billion and an additional $343 million in solidarity contributions to English Football League (EFL) clubs. During the 2015/16 season, the Top Four were pierced by a non-Big Six team for the first time since Everton in 2005. Leicester City was the surprise winner of the League and qualified for the Champions League.  UK radio revenues are divided into three parts: 50% are divided equally between the 20 clubs, 25% go to Merit Payments, based on the league`s final position.