European clubs to share 3.25bn euros

Source: Xinhua| 2019-07-12 21:29:25|Editor: xuxin
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LONDON, July 12 (Xinhua) -- Clubs qualified for the Champions League and the Europa League will receive a share of 3.25bn euros this season, a figure unchanged from last season.

Of the 3.25bn, 523m is deducted to pay fees, organizational costs, and solidarity payments.

Two billion euros are allocated for the Champions League, while clubs in the Europa League will only receive 560m euros between them.

Of two billion for the Champions League, the money is divided into four categories: starting fee; fixed amount; coefficient ranking; market pool.

The starting fee is awarded to all of the 32 clubs that reach the group stage of the competition, while the fixed amounts are given to clubs who win (2.75m per game) or draw (900,000 per game) in the groups.

Past the group stage, clubs will receive more money for each stage they reach in the competition with 9.5m euros, 10.5m euros, 12m euros, 15m euros awarded for clubs reaching the round of 16, quarterfinals, semifinals and final respectively. The winners of the Champions League also get a bonus of four million euros.

The coefficient ranking, on the other hand, is given to teams based on a 10-year average of European performances. The bottom-ranked side will receive around a million euros, with an extra million given to each position every position up.

The market pool is the share of the cash given to clubs based on the value of each national television market.