It's no secret that football is a sport that brings in a lot of money, both for teams and coaches, and league owners. Multimillion-dollar contracts, millions per match played, and huge prize funds, we will talk about all this in our article. Today we will talk about the financial side of the Champions League.
Unfortunately, many people believe that football is exclusively profitable for teams and their players. Anyone may now make money on football if they place the appropriate bet. You may accomplish this by visiting the football betting Champions League website, where you can become acquainted with all of the chances and probability of winning, allowing you to make your bet more precisely. Watch football, cheer for your favorite team, and get money.
How much did participants in the Champions League football earn in 2023?
The system for calculating prize money and bonuses in the Champions League is quite complex. Only a few positions are fixed. For example, just for participation in the group round, you are entitled to €15.64 million. Each victory at this stage was worth €2.8 million in 2023, a draw – €933 thousand. Finally, reaching 1/8 of the League (that is, for 1st-2nd places in groups) is due €9.6 million, and the “consolation prize” for 3rd place and a ticket to the Europa League is €0.5 million.
Further prize money will be added for victories at subsequent stages, but in any case, these amounts constitute only 55% of the total prize fund. Another 30% will be awarded depending on the teams’ ratings, and 15% through marketing (share from television contracts). The latter means that the more popular the club, the more it earns. In a word, money is money.
As a result of the group stage, English Manchester City earned the most – €96.55 million. They won all six matches in the group, as did Real Madrid, by the way, but received more due to better TV contracts.
In 2nd place in terms of prize money is the French PSG (€95.48 million), despite only two “forced” victories and a narrow passage to the playoffs. The secret here lies in the fact that marketing revenues are divided according to the number of teams from a particular country remaining in the game. And since there were only two French clubs left, the jackpot for each was greater.
The third was the German Bayern Munich – €92.58 million, the fourth – Real Madrid (€91.2 million), the fifth – Barcelona (€85.32 million), and the English Arsenal closed the top 6 – € 80.31 million
Earlier it was reported that the English Football League entered into a record contract in the history of British football for showing matches with several TV companies for a total of €7.8 billion.
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Changes to the Champions League and new revenues
Current UEFA President Aleksandar Čeferin has repeatedly stated the need for reforms in the Champions League. And something tells me that this is not the Slovenian’s desire. The top clubs in Europe are unhappy with the state of affairs in the Champions League. They make money from the tournament, but they don't get enough money for it. Moreover, Champions League advertisers would also not mind if there were several high-profile posters in each round of the competition.
Now, according to the “Swiss system”, top clubs will play with top clubs, which the Champions League sponsors will be happy about. There will be not 96 matches as of now, but 114 – and this will be additional income from television workers and greater representation of the same sponsors on TV.
All this will result in a lot of money, which will go to the clubs. Currently, UEFA's gross income from European Cups is about 3.25 billion euros. 2.04 billion euros are distributed among clubs from the Champions League. The finalists of the 2019/20 season, Bayern Munich and PSG, earned €130 million and €134 million respectively.
Conclusion
The Champions League brought billions into the pockets of teams and league residents, but after the changes, these numbers could increase. Football is a great way to make money, both for teams and organizers and for anyone who follows their favorite team and places bets.
