Football is a sport that makes a lot of money for everyone involved, including teams, teachers, and league owners. There are contracts worth millions of dollars, millions of dollars per match played, and big prize pools. We will talk about all of this in our piece. We are going to talk about the Champions League’s money today.
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How much do they earn in the Champions League?
In the Champions League, there is a very complicated way to figure out prize money and extras. Only a few spots are set in stone. For instance, you are entitled to €15.64 million just for being in the group round. In 2023, a win at this point was worth €2.8 million, and a tie was worth €933,000. Also, getting to the 1/8th place in the League (for first and second place in groups) is worth €9.6 million. For third place and a spot in the Europa League, the “consolation prize” is €0.5 million.
There will be more prize money added for wins in later rounds, but these amounts still only make up 55% of the total prize fund. Another 30% will be given based on how well the teams do in the ratings, and 15% will be given through marketing (a share of the money made from TV contracts). This means that the club makes more money when it is more popular. To put it simply, cash is cash.
English Manchester City made the most money in the group stage, with €96.55 million. They won all six games in their group, just like Real Madrid did, but they got more money because they had better TV deals.
The French team PSG is in second place in terms of prize money ($95.48 million), even though they only had two “forced” wins and barely made it to the playoffs. Marketing fees are split up based on how many teams from each country are still in the game. This is how the secret is kept. The sum for each was bigger because there were only two French clubs left.
Finally, English Arsenal came in at number six with €80.31 million, beating out Real Madrid in fourth place with €91.2 million and Barcelona in fifth place with €85.32 million.
It was earlier said that the English Football League signed a €7.8 billion deal with several TV companies to show games, which is the biggest deal in the history of British football.
New money and changes to the Champions League
Aleksandar Čeferin, who is currently President of UEFA, has said many times that the Champions League needs to be changed. And something tells me that the Slovenes don’t want this. The best teams in Europe are not happy with how the Champions League is going right now. The event brings in some cash, but not enough. Also, marketers in the Champions League wouldn’t mind if there were a few well-known signs in each round of the game.
The “Swiss system” says that top clubs will play other top teams. This is good news for the sponsors of the Champions League. There will be 114 matches instead of the 96 that are planned right now. This will mean more money for TV workers and more exposure for the same companies on TV.
There will be a lot of money for the clubs because of all of this. At the moment, the European Cups bring in about 3.25 billion euros for UEFA. Two billion and four hundred thousand euros are given to teams in the Champions League. As the winners of the 2019–20 season, Bayern Munich and PSG each got €130 million and €134 million.
Сonclusion
The Champions League made teams and people who lived in the league billions of dollars, but these amounts could go up after the changes. It’s easy to make money in football, for both teams and event managers and for people who bet on their favorite team.
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