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Champions League revenue more important than ever

The authoritative and tireless Swiss Ramble takes a look at earnings for English clubs from Europe at the quarter final stage.

What is clear is that the Champions League remains highly lucrative, reinforcing the financial strength of the leading clubs. The revenue is more important than ever during this challenging period, as games continue to be played without fans, adversely impacting match day income.

As it stands (at quarter-final stage), English clubs have earned the following amounts from Europe: Manchester City €92m, Liverpool €90m, Chelsea €89m, Manchester United €68m, Arsenal  €25m, Tottenham Hotspur  €20m and Leicester City €17m.

Of course, a club could earn significantly more from Europe if it makes further progress, e.g. if it managed to win the Champions League, it would earn an additional €31m prize money (€12m for reaching the semi-final plus €19m for winning the tournament).

Manchester City have earned the most in the Champions League with €92.3m, comprising: participation fee €15.25m, prize money €35.6m, UEFA coefficient €25.5m and TV pool €19.8m less €3.8m rebate.

Arsenal have earned the most in the Europa League with €25.0m, comprising: participation fee €2.75m, prize money €7.8m, UEFA coefficient €3.4m and TV pool €12.1m less €1.0m rebate.

The Champions League UEFA coefficient pot is divided into shares with each worth €1.1m, so the highest ranked club in 2020/21 (i.e. Real Madrid) gets €35m, but Ferencvaros only €1m. Highest English club is Chelsea in 5th place with €31m; Liverpool lowest in 13th place with €22m.


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