The money is divided into 2 categories
1)Overseas TV deal money - It is distributed equally among all the 20 clubs in the premier league
2) Domestic TV deal money- a) 50% is distributed equally among the 20 clubs
b) 25% is merit based and is distributed based on league standing
c) 25% is Facility fee, it is given out to clubs based on number of live televised match in UK.The more the team features in live matches the more money it makes.