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Two clubs earn more than €100m from Champions League

UEFA has published the revenue distribution details for its club competitions for the 2021/22 season. Unsurprisingly, the two Champions League finalists earned the most with winners Real Madrid and runners-up Liverpool receiving €134m and €120m respectively. Two other clubs earned more than €100m, namely Bayern Munich €110m and Manchester City €109m, followed by PSG and Chelsea (both €92m).

England’s four representatives are all in the top eight earners, which is an additional source of Premier League strength on top of the domestic TV deal.

Two English clubs earned more than €100m: Liverpool €120m after going all the way to the final and Manchester City €109m for reaching the semi-final. Good money was also earned by Chelsea €92m (quarter-final) and Manchester United €78m (last 16).  Chelsea’s earnings were boosted by their high UEFA coefficient, but depressed by a low TV pool after finishing fourth in the previous season’s Premier League

Real Madrid earned the most prize money in 2021/22 with €68m, followed by Liverpool €66m and Manchester City €45m. Surprise package Villarreal received €43m after reaching the semi-final for the first time.

Liverpool’s prize money was boosted by winning all six of their group games, which earned them €16.8m. In addition, they received €1.3m for their share of the money unpaid after draws, giving them €18.1m already after the group stage.

The highest ranked English club in terms of the UEFA coefficient was Chelsea, whose fourth place earned them €33m, ahead of Manchester City €28m, Manchester United €27m and Liverpool €23m. This might come as a surprise to some, but the Blues have won the Champions League and Europa League twice in the 10-year period used to calculate the ranking.

Based on reported new deals, UEFA’s TV income is set to rise by around 25% from 2024, so qualification for European competition will become even more important, though this will further increase the division between the “haves and have nots”.

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