League clubs to share $6m windfall
On Friday, the 15th of September, at a meeting of the KHL Board of Directors in Moscow, approval was given to the distribution among member clubs of profits earned from the sale of TV rights to matches in the Championship. The total sum shared out between the League's teams amounted to more than 350m rubles (over $6m, subject to Russian Sales Tax).
Photoblog: 15.09.17. KHL Members general meeting
The KHL began the distribution scheme in the 2014-15 season, deciding that the proceeds obtained from the sale of television rights should be shared among the member clubs. At the end of the 2016-17 season, the clubs participating in the KHL Championship will receive approximately 252m rubles (around $4.38m, and subject to Russian Sales Tax), a figure 10% higher than projected.
For the 2014-15 season, the windfall for the clubs totaled 114m rubles ($2m), rising to 243m rubles ($4.22m) for the 2015-16 season, showing an increase for the third consecutive season. This is the result of the League's having sealed a new agreement for the sale of international TV rights, in addition to having optimized costs in TV production and broadcasting.
Income is distributed among the clubs according to three criteria. Participation in the Championship (40% of the total), by which each club receives 3m rubles; TV demand (30% of the total), from which clubs will receive between 538,000 rubles ($9,350) and 8.3m rubles ($144,000); sporting performance (30% of the total), based on the on-ice success of the team during the 2016-17 KHL regular season and playoffs. These funds are allocated thus:
- 15% - to be shared equally between all clubs participating in playoffs (2m rubles);
- 4,5% - to the winner of the regular championship (10m rubles);
- 3% - to the team finishing second in the playoffs (6.6m rubles);
According to the financial results from the League's economic activities for the 2016-17 season, a sum of 100m rubles (not including Russian Sales Tax / VAT) was allocated to the member clubs. The amount received by each club was calculated according to attendances at its home games last season, and the sums varied from 1.5m to 6.9m million rubles (not including Russian Sales Tax / VAT)
|
|
Club |
Dividend from TV rights |
Dividend based on attendance |
Total |
|---|---|---|---|---|
|
1 |
SKA |
33 557 048 |
6 899 782 |
40 456 830 |
|
2 |
CSKA |
23 666 650 |
1 932 424 |
25 599 074 |
|
3 |
Metallurg Magnitogorsk |
19 065 338 |
4 145 635 |
23 210 973 |
|
4 |
Jokerit* |
13 486 617* |
4 788 144* |
18 274 761* |
|
5 |
Dinamo Minsk* |
6 719 807* |
6 591 847* |
13 311 654* |
|
6 |
Lokomotiv |
10 382 998 |
4 935 001 |
15 317 998 |
|
7 |
Ak Bars |
10 385 137 |
3 804 485 |
14 189 623 |
|
8 |
Avangard |
9 142 712 |
5 002 106 |
14 144 818 |
|
9 |
Salavat Yulaev |
8 964 840 |
4 177 718 |
13 142 558 |
|
10 |
Barys* |
7 246 180* |
2 676 065* |
9 922 245* |
|
11 |
Slovan* |
5 315 701* |
4 536 172* |
9 851 873* |
|
12 |
Traktor |
7 363 899 |
4 150 123 |
11 514 023 |
|
13 |
Torpedo |
7 762 637 |
3 139 687 |
10 902 324 |
|
14 |
Admiral |
7 614 173 |
3 124 185 |
10 738 358 |
|
15 |
Kunlun Red Star* |
6 909 612* |
1 470 696* |
8 380 308* |
|
16 |
Dinamo Riga* |
6 146 063* |
2 220 950* |
8 367 012* |
|
17 |
Vityaz |
7 294 980 |
2 279 022 |
9 574 002 |
|
18 |
Sibir |
5 223 560 |
4 199 550 |
9 423 110 |
|
19 |
Spartak |
4 877 433 |
4 284 764 |
9 162 197 |
|
20 |
Amur |
4 687 538 |
3 926 544 |
8 614 082 |
|
21 |
HC Sochi |
4 676 235 |
3 123 342 |
7 799 577 |
|
22 |
Neftekhimik |
4 647 280 |
3 094 983 |
7 742 263 |
|
23 |
Avtomobilist |
4 506 646 |
2 512 126 |
7 018 772 |
|
24 |
Lada |
4 526 021 |
2 249 370 |
6 775 391 |
|
25 |
Severstal |
4 443 227 |
1 709 335 |
6 152 563 |
|
26 |
Ugra |
2 242 322 |
1 614 714 |
5 857 036 |
|
27 |
Metallurg Novokuznetsk |
4 264 148 |
1 548 021 |
5 812 169 |
*Payments to clubs based outside the Russian Federation are not subject to Russian NDS (sales tax).
Although now a VHL club, HC Metallurg Novokuznetsk, as a participant club in the 2016-17 KHL regular season, receives a share of the funds yielded from TV rights and other sources of income.
