Lost matches force UEFA to cut Champions and Europa League prize pools

uefa flag

October 20 – The Covid pandemic has forced UEFA to reduce Champions League and Europa League prize money. The cut will be spread over the next five seasons.

A Times report says UEFA has written to member associations saying that they lost £514 million following the reduction in both television and sponsorship income as a result of lost matches in the knockout stages last season.

The two UEFA club competition knockout stages were completed behind closed doors at neutral locations with ties reduced to a single fixture instead of the usual home-away format. That reduction in matches triggered renegotiations with commercial partners.

Last season UEFA had set aside €1.95 billion for the 32 teams in the Champions League group stage.

UEFA said that the loss was 22% of the total prize fund for the two competition which would have been £2.31 billion – £1.85 billion goes to the Champions League.

The report added that English clubs can expect to see TV and prize money drop by about 4%. Man City who would have earned £88 million will instead receive £84.5 million.

Contact the writer of this story at moc.l1606271521labto1606271521ofdlr1606271521owedi1606271521sni@n1606271521osloh1606271521cin.l1606271521uap1606271521