September 23 – UEFA’s Executive Committee has doubled the prize money for the Women’s Euro 2022 championships as well as revamping its solidarity payments for the men’s club game.
The increase in women’s prize money from €8 million in 2017 to €16 million in 2022 will see increased guaranteed amounts and performance-based bonuses for the group stage.
To be played in England next summer, the tournament will for the first time see UEFA introduce a club benefits programme with €4.5 million allocated to clubs who release players for the 16-team finals tournament.
A full breakdown of the prize money breakdown will be released in the coming days, said UEFA.
Club solidarity payments
The revamp of UEFA’s men’s club competition solidarity payments will see about €175 million made available from the competition revenue for non-participating clubs in the 2021-24 revenue cycle, compared to €130 million in the 2018-21 cycle.
To get to these numbers, UEFA said “he 4% solidarity for non-participating clubs (€140 million based on a projected overall revenue of €3.5 billion) will be supplemented by 30% of the revenue generated by the club competitions above €3.5 billion up to a maximum of €35million.”
UEFA will also increase the share reserved for its non-top five (England, France, Germany, Italy and Spain) member associations to €132.5 million (about €50 million more than with the previous scheme, and representing a more than 60% increase).
The changes are achieved by reducing the gap between associations with and without clubs in the UEFA Champions League group stage, as well as reducing the weight of market shares and distribution made more on fair and recognisable sporting principles.
UEFA said the changes reflect its “strong financial commitment to the whole of European football and ensuring greater financial solidarity to a wider spectrum of clubs who do not participate in UEFA club competitions for the 2021-24 cycle. This will reinforce the solid foundation on which the game in Europe is built.”
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