6/6/2018 2:38:00 PM (GMT+3)

UEFA earns 3.25bn commercial revenue from tournaments

UEFA earns 3.25bn commercial revenue from tournaments

NEW DELHI: UEFA has released details of the distribution of revenue to clubs from the 2018-19 Champions League, Europa League and Super Cup as well as solidarity payments for the qualifying phases.

The gross commercial revenue from all the three tournaments is estimated at around €3.25bn, the UEFA said on their website.

Of the estimated gross amount of €3.25bn, €295m will be deducted to cover organisational costs relating to the competitions, and 7 per cetn (€227.5m) will be set aside for solidarity payments.

Of the resulting net revenue of €2.73bn, 6.5% will be reserved for European football and remain with UEFA, and the other 93.5% will be distributed to the participating clubs.

On the basis of the above revenue forecast and set allocations, the total amount available for distribution to participating clubs in 2018/19 is €2.55bn, of which €2.04bn will be distributed to clubs competing in the Champions League and the Super Cup, and €510m will be distributed to clubs participating in the Europa League.

Furthermore, additional contributions from UCL clubs' share will be €50m to Europa League clubs’ share and €10m to subsidise solidarity payments to clubs eliminated in the qualifying phase of the 2018-19 Champions League and Europa League.

A total of €30m will be paid out to clubs involved in the Champions League play-offs: clubs that are eliminated will each receive a fixed payment of €5m. The winners of the play-offs will not receive any specific payment for this round but will get payments for participating in the group stage.