With each passing year, football becomes even more of a pay-to-play sport and one of the best ways for a European team to make money is to win the continental tournaments.
The three UEFA competitions, the Champions League, Europa League and Europa Conference League, can be very big earners for the clubs involved, although the Champions League really is a different beast when compared to the Europa tournaments.
When an underdog makes it to the latter stages of the Champions League, it is not the prospect of winning it that really excited the decision-makers at the club. It is the incredible windfall of cash that comes with progressing through each round, winning a game, and being able to sell out the stadium and have games televised internationally.
UEFA have stated that the gross revenue from the 2023/24 Champions League, Europa League and Europa Conference League and the 2023 Super Cup is estimated to be £3bn (€3.5bn). They have a distribution plan for the money which is based on that figure but also features fixed amounts.
With the 2023/24 editions of each tournament now in the quarter-final stages, here is the amount of money on the table for the Champions League, Europa League and Europa Conference League.
Of that near £3bn (€3.5bn) figure, almost £276m (€323m) is deducted for estimated organisational/administrative costs relating to the competitions, 3% (£89.7m/€105m) will be set aside for qualifying round payments and 4% (£119.6m/€140m) will be set aside for non-participating clubs.
With all of that maths in mind, the total amount available to distribute to participating clubs is roughly £2.37bn (€2.73bn). Of that, £1.74bn (€2.03bn) will be distributed amongst Champions League and Super Cup participants. This is the
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