Europa League Clubs Set For Greater Share

31 Mar 2015 | sigadmin

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European clubs have agreed to distribute revenue from the Champions League and Europa League more evenly from next season, with teams playing in European competition set for a share of the £1.6bn prize pot.

The European Clubs Association (ECA) and UEFA have confirmed the funds following concerns that the gulf between Europe’s richest clubs and the rest is widening.

The latest figures increase funding by nearly a third from £1.2bn, and will see money being distributed more evenly, with Europa League participants getting increased revenue in the qualifying rounds.

A joint statement read: “ECA and UEFA have together developed a revolutionary distribution mechanism for the Champions League and Europa League, aimed at sharing the competitions’ revenue growth more evenly among European clubs.

“A record funding pot of £1.6bn (per season) will be divided with a new focus on solidarity.

“A greater proportion of funds than ever before will go to UEFA Europa League participants, to participants in the qualifying rounds and to clubs in medium/smaller championships.

“The concept means more funding for all, because the new percentage-based system ensures that every stakeholder will benefit proportionally from the competitions’ continued growth.”

UEFA has also agreed to give European Club Association members at least £145m from Euro 2020 revenues for releasing their players, an increase of £36m from Euro 2016.