UEFA aims to fairly share revamped Champions League money

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UEFA aims to fairly share revamped Champions League money
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UEFA aims to fairly share revamped Champions League money -

The Champions League currently drives global revenue of 3.6 billion euros for UEFA club competitions for each of the three seasons from 2021 to 2024.

Changes to the Champions League format were finalized last year following the failed launch of a breakaway Super League by 12 storied clubs in 2021. From 2024, it guarantees each team in the competition eight games instead of six, and created 64 more matches in total in each season to sell to broadcasters.

Critics believe it widens the existing wealth gap in European soccer. This season the coefficient fund will pay more than 36 million euros to Real Madrid while Maccabi Haifa will get less than 1.2 million euros . Marchetti noted that domestic TV deals are worth almost three times more than European prize money in the industry’s overall revenue. European top-tier clubs earned 24 billion euros last year, according to UEFA research, and just 12% of that came from its competitions.

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