Champions League To Grant At Least $11.5M To Each Of 32 Participating Football Clubs
With the start of the UEFA Champions League, top European clubs "are preparing for a competition that grants them succulent economic revenue," according to José Miguel De Pedro of LIBERTAD DIGITAL. The "top European football competition is not in crisis and will continue to distribute important prizes to its participants." Each of the 32 teams participating in the group phase will receive €8.6M ($11.5M). For every team, "each game won will bring an additional" €1M ($1.3M), while ties will pay €500,000 ($667,450). Each of the four teams that makes it to the semifinals will receive €4.9M ($6.5M) and the "winner of the competition" will receive €10.5M ($14M). In "this way, the team that wins the Champions League could bring home" up to €34.7M ($46.3M). In addition "to all of this, the winning team will also get to add what it receives in revenue from TV rights, which also will mean significant revenue" (LIBERTAD DIGITAL, 9/16).