Norwich City will receive prize money should they complete the job and finish this season as League One champions - but not a lot. Being crowned English football's third tier champions would be worth an extra �25,000, with the team joining them in the Championship as runners-up receiving �10,000, the Football League has confirmed.

Norwich City will receive prize money should they complete the job and finish this season as League One champions - but not a lot.

Being crowned English football's third tier champions would be worth an extra �25,000, with the team joining them in the Championship as runners-up receiving �10,000, the Football League has confirmed.

There is no direct prize money for reaching, or indeed winning, the play-offs - although clubs will gain extra gate receipts, especially from a Wembley final.

Every League One club receives �640,000 for participating in the division - the financial equity being a staunch principal of the Football League, and a completely different tack to the Premier League's structure where a club's share of the money increases the higher you finish in the table.

City have been in receipt of regular instalments through the season for competing in League One, while the extra prize money for finishing first or second, all being well, will be awarded in the summer.

The Football League's payments for next season are yet to be decided but, as an indicator, Championship sides each received �2.5m regardless of their final league position this season. owever, the prize money still remains modest in the second tier with the division winners receiving another �50,000 and second place earning �25,000.

Of course, promotion from the Championship is also worth as ticket to the Premier League millions - for a season, at least.