It’s almost time for the UEFA Champions League final, where Premier League and FA Cup winners Manchester City and Serie A team Inter Milan will be going head to head for European glory.
Taking part in the UCL takes hard work, as teams need to finish in the top bracket of their respective leagues in order to qualify. This comes with substantial financial benefits as well, which makes the top UEFA competition a primary objective for many European teams.
The teams get a huge pay-check for participating in the tournament, and it gets larger the further the teams manage to go in the tournament. But how much is it exactly?
Here’s a detailed breakdown of the UEFA Champions League prize pool:
Total prize pool involving the UCL final, competition
The total prize pool for the 2022-23 UEFA Champions League amounts to €2.032 billion (£1.72 billion), as detailed by UEFA. 55% of the total prize money is distributed based on individual team’s performance in the tournament.
This time tomorrow ⚽#UCLfinal pic.twitter.com/VZuKruluzg
— UEFA Champions League (@ChampionsLeague) June 9, 2023
Here’s a detailed breakdown of how much money teams will receive based on how far they progress in the tournament.
- Winner – €20 million
- Runners up – €15.5 million
- Semifinalist – €12.5 million
- Quarterfinalist – €10.6 million
- Round of 16 – €9.6 million
- Group stage wins – €2.8 million per win
- Group stage draws – €930,000 per draw
- Reaching group stage – €15.64 million
The maximum prize money available in this tournament is €85.14 million for the winner, who also won all six games in the group stage. However, neither of the finalist teams managed to win all their games in the group stage.
Remaining 45% payout distribution among 32 teams
The remaining 45% of the payout is evenly distributed across all 32 participants in the tournament in two ways:
All 32 clubs in the Champions League group stage share €600.6 million (30% of the prize money) based on a coefficient algorithm that ranks their performance in Europe over a 10-year period. This formula assigns a higher ranking to teams that have won European championships, and ranks them from 1 through 32.
Gareth Bale’s prediction for the UCL final. pic.twitter.com/3y3VYcs2FK
— Madrid Xtra (@MadridXtra) June 10, 2023
The funds are then divided proportionally among the teams based on their final standing. The top team receives 32 shares, or €36.38 million, while the bottom team receives one share (€1.137 million). The remaining 15% (€300.3 million) is distributed as a part of the broadcast revenue.
Manchester City and Inter Milan will be duking it out later tonight to take in the largest prize pool, but who do you think will be crowned the victor? Let us know down in the comments.
