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Prize money from the European club competition will be reduced by next 5 years due to losses caused by the COVID-19 pandemic.
UEFA told its 55 member associations that club competitions (Champions League and Europa League) lost 514 million pounds (564 million euros) last season due to declining TV and sponsor revenues due to a delay in the tournament due to the coronavirus pandemic. …
UEFA was expected to extend the reduction to 2 or 3 years, but the letter to the associations shows that a decision has been made to share the burden of responsibility within 5 years. For example, for English clubs competing in Europe, this would mean that their television and prize money would be reduced by approximately 4% in 5 seasons.
It was also reported that the total prize fund Champions League 2020/21 will amount to 1.95 billion euros, and the prize fund Europa League 2020/21 equals 560 million euros.
Recall that each participant in the group stage of the Champions League will receive 15.25 million, the teams will also receive a bonus for winning each match of the main round of the Champions League, which is € 2.7 million, and for a tie – € 0.9 million.
In addition, there are payments from the marketing pool, which is distributed according to the share of each television market represented by the participants of the Champions League (starting with the group stage), and then divided among the clubs that represent this association .
There are also separate payments for participants in the spring playoffs. Advance to the round of 16: € 9.5 million each, advance to the quarter-finals: € 10.5 million each, advance to the 1/2 finals: € 12 million each, advance to the final: € 15 million each, winner The Champions League will receive an additional € 4 million, UEFA Super Cup participants will receive an additional € 3.5 million and the winner will receive an additional € 1 million.
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