December 19 – Europe’s major leagues have called on UEFA to alter their revenue distribution policy to bring about a more level playing field and prevent the gap between the haves and the have-nots from widening.
In a report seen by Reuters, European Leagues, their umbrella organisation, says it wants 600 clubs who fail to qualify for the group stages of the Champions League and Europa League to get a larger slice of the cake.
It has also repeated its request for UEFA to end offering special financial rewards to clubs based on past historical success record in Europe.
According to Reuters, UEFA’s club competitions are expected to rake in €3.25 billion this season. Of that amount the 32 Champions League teams will share €2.04 billion with Europa League participants receiving 510 million.
“The financial gap between participating clubs and non-participating clubs is increasing, creating a negative effect on competitive balance,” the European Leagues warned, proposing that solidarity payments be increased to 20 percent in the next competition cycle which will cover the period 2021-24.
The current system “undoubtedly favours clubs that repeatedly participate” in European competitions.
“The current model is not beneficial for improving competitive balance in European football.”
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