Skip to main content

Uefa money goes to wealthy clubs

The authoritative Swiss Ramble takes a look at the money clubs receive from Uefa competitions even before they have started playing.   There are many factors to consider and the Zurich-based Substack writer has the data to address them.   The message that emerges is once again ‘to them that hath shall be given.’   Of course, arguably the funding was tweaked as one way of discouraging the formation of a Super League.

The country that is guaranteed most money from the Champions League this season is England with €326m, followed by the other four members of the “Big Five” leagues, namely Spain €243m, Germany €216m, Italy €180m and France €149m.  There is then a big gap to the Netherlands €75m and Portugal €74m, with the rest of the top ten being made up of Belgium €59m, Greece €32m and Norway €31m.

Crystal Palace could earn €22m (£19m) if they manage to win the Conference League, which would be around half of the Europa League.  This is scant consolation for their harsh treatment.

Four of the top seven clubs in terms of guaranteed income are from England, namely Manchester City €64m, Liverpool €61m, Chelsea €59m and Arsenal €56m. The other two Champions League representatives, Tottenham Hotspur and Newcastle United, have earned €50m and €35m respectively.

In Scotland Rangers actually have the highest guaranteed income of €17.1m, despite their current travails, while Celtic are ranked fourth with €14.5m, the difference being down to a higher value pillar.

The Swiss Ramble comments: ‘Most people will already appreciate that there is a huge amount of income available in UEFA competitions, especially the lucrative Champions League, but not many realise that much of this can effectively be banked even before a ball is kicked in the league phase.

For example, no fewer than 13 clubs have guaranteed TV money above €50m, with five of them earning more than €60m. That’s before taking into consideration additional gate receipts and performance-related clauses in sponsorship agreements

The top 17 earners are from the Big Five leagues. In particular, the Premier League continues to dominate, as it has four of the leading seven clubs.’    This in turn explains why the Premier League is less of a level playing field than might appear.

For all the data, subscribe to the Swiss Ramble on Substack.

I have received objections to my summarising the Swiss Ramble’s reports.   His basic subscription of £50 is not a lot, but not everyone can afford it in these straitened times.    I suspect that in any case his material is being scraped by AI.

With my club’s Substack, I confine myself to brief tasters but then the work constitutes the journo’s livelihood.   I doubt whether that is the case with the Zurich-based blogger, but I expect he also has smarter lawyers than I do so he can always ask me to ‘cease and desist’.

Comments

Popular posts from this blog

Fulham requires big funding from owner

After lengthy delays, Fulham’s shiny, new Riverside Stand has finally opened, creating “a unique Thameside destination with first class facilities for supporters and partners on match days, as well as for the wider community year-round”. This ambitious project has increased Craven Cottage’s capacity by around 4,000 to 29,600, while it has also taken advantage of the club’s fantastic location and wealthy catchment area by including two Michelin star restaurants, a rooftop swimming pool, corporate hospitality and event space, all benefiting from views of the Thames. Chief executive Alistair Mackintosh observed, “Fulham is the sort of club that can have a business class or first class and have fans that turn left on a plane.” Indeed, there is also an exclusive members club – with a football season ticket as an optional extra. It’s fair to say that “the times they are a-changing”, as this is a long way from the traditional pie and a pint. However, in a world where clubs face the tw...

Threat of financial calamity removed from Baggies

West Bromwich Albion had effectively been in decline ever since the club was sold to a Chinese consortium in August 2016, paying a figure north of £200m to buy former owner Jeremy Peace’s stake. Controlling shareholder Guochuan Lai’s ownership was fairly disastrous for the club, but his unloved tenure finally came to an end after Bilkul Football WBA, a company ultimately owned by Florida-based entrepreneur Shilen Patel and his father Dr Kiran Patel, acquired an 87.8% shareholding in West Bromwich Albion Group Limited, the parent company of West Bromwich Albion Football Club. This change in ownership was urgently required, due to the numerous financial problems facing West Brom, including growing high-interest debt and serious cash flow concerns, following years of no investment from the former owner. Indeed, West Brom’s auditors had already rung the alarm bell in the 2021/22 accounts when they cast doubt on the club’s ability to continue as a going concern without making player s...

A poor financial record, but new hope at Everton

I recently saw an amusing video online in which a group of Everton fans were rebuked in jest for being hopeful.  Football fans in general tend to swing between excessive optimism and excessive pessimism, but for many it seems that moaning is in their bloodstream (Spurs fans probably take the trophy).  However, Everton fans have had plenty to moan about on and off the pitch.   Let’s hope that a new era is about to begin for this grand old club. Everton’s 2023/24 financial results covered a fairly momentous season, when they ended up 15th in the Premier League, though they would finished three places higher if they had not received an 8-point deduction for breaching the Premier League’s Profitability and Sustainability Regulations (PSR). It was a worrying time for Everton fans, as the club faced a “perfect storm” of issues, including large financial losses, an ever increasing debt burden, a challenging stadium build and the tortuous sale of the club. There were eve...