[Zinman]

£8 million.
Southampton, who finished 8th, received £122 million from the Premier League, while Albion in 10th place received £114 million.
We had umpteen games in which to win the one point that would have secured 8th place, finally fluffing it at Swansea on the last day.
£8 million would have funded the wages of two very decent players at £80,000 a week each.
All because our approach to most games since we hit the 40 point mark was shit.    
http://www.bbc.com/sport/football/40125394

Not quite - part of the difference is due to the "facility fee" which is based on the number of games shown live on TV. We actually received the minimum amount for this so we lost £4m due to failing to turn up in our last few matches and another £4m for playing such utter boring dross that nobody in their right mind would televise us more than they had to.