According to sports business firm Deloitte, the club's revenue is estimated to increase from $246 million to at least $420 million should Hull survive next season in the Premier League. Story highlights Hull City promoted to the Premier LeagueMo Diame's strike secures instant return to top-flight for CitySheffield Wednesday last played in Premier League 16 years agoOver 70,000 fans at Wembley Stadium(CNN) Hull City is back in the big time after winning a place in next season's Premier League -- and picked up a cool $246 million to go with it. Hull, which was relegated from the top-flight last season, overcame Sheffield Wednesday 1-0 at Wembley Saturday. Mo Diame's 72nd minute strike sealed victory for Hull, which had finished the regular season in fourth place -- nine points ahead of its opponents. PHOTO: Mo Diame curls home the opening goal of the @SkyBetChamp #PlayOffFinal #HULSHE pic.twitter.com/E8yr5TLbvw — Hull City (@HullCity) May 28, 2016The win propels Hull towards the riches of the Premier League with the new $8 billion domestic television deal, which kicks in next season for the next three years, securing a massive increase on the $4.59 billion paid for the equivalent set of rights from 2013-16.

Source: CNN May 28, 2016 17:58 UTC