Man Utd, Liverpool and other clubs set to benefit from the Champions League's proposed €4.8bn prize fund
It's a massive sum.
Featured Image Credit: Alamy
Topics: Football, Manchester United, Liverpool, Champions League
Chris Byfield
Topics: Football, Manchester United, Liverpool, Champions League
Manchester United and Liverpool are among a group of clubs that could benefit from a new €4.8billion (£3.86billion) prize fund.
The Champions League is drawing towards a conclusion, with Inter and Manchester City having qualified for the final in Istanbul on June 10th.
But this is one of the last campaigns in which the competition will be played under the current format.
As of the 2024-25 season, teams competing in the competition will increase from 32 to 36, meaning there will be 189 matches instead of 125.
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Meanwhile, the group stage will be replaced by a league phase - otherwise known as the Swiss model - that will see each team guaranteed to play eight matches.
The top eight sides in the league will qualify automatically for the knockout stage.
Those finishing in ninth to 24th will compete in a two-legged play-off to determine who reaches the competition’s last-16.
The competition will look a bit different, but will also likely be more lucrative for the teams involved.
As reported in the Athletic, UEFA suggested last week that they hoped for a rise in revenue of about 33 per cent for their revamped club competitions.
Indeed, the Champions League has brought in around £3.13billion for each of the three seasons between 2021 and 2024.
However, the figure could grow by over a billion.
When speaking about the Champions League’s projected revenue last Tuesday, UEFA competitions director Giorgio Marchetti said: “We are working on (both) conservative and more optimistic projections in a range I would say between €4.6billion £3.99billion) and €4.8bn (£3.86billion).”
UEFA are allegedly in discussions with the ECA and the European Leagues groups to decide how to distribute the extra prize money.