BURNLEY are now bigger economically than Ajax, according to Premier League chief executive Richard Scudamore.

The Premier League announced a new £5.136bn television deal with Sky and BT this afternoon and Scudamore says the top flight of English football is stronger than ever.

Burnley have the least financial resources of any club in the Premier League but Scudamore says that even now they have more revenue than Dutch giants Ajax, the four-time European champions.

He said: "I read a stat the other day that Burnley are bigger economically than Ajax.

“Of course this will make our clubs even more competitive than their European counterparts.”

Last season Hull City earned the same amount in domestic television money as Inter Milan, and twice the amount of Atletico Madrid and Bayern Munich.

Promotion to the Premier League was worth £120m to Burnley and that figure will rise again for promoted clubs following the new television deal, which commences in 2016.

Before parachute payments, Cardiff earned £62m for finishing bottom of the the table last season.

If overseas television rights increase by the same percentage as domestic rights, the bottom club will earn around £99m a season under the new deal, which will see broadcasters pay more than £10m per game.