Champions League teams to get more prize money after UEFA registers eight percent rise in total revenue
3 years, 9 months ago

Champions League teams to get more prize money after UEFA registers eight percent rise in total revenue

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Total revenue is set to rise by €250 million annually through 2024 compared to the 2018-21 period, the European Leagues group said Thursday in an online conference. Madrid: Champions League teams will get more prize money for the next three years from a near 8 percent rise in total revenue €3.5 billion from broadcast and sponsor sales tied to UEFA’s three club competitions. Champions League clubs will get a small increase while €235 million in prize money will be allocated to the Europa Conference League, a third-tier competition that launches next season. Each Champions League club will get a basic fee of €15.64 million, compared to €15.25 million in each of the past three seasons.

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