daniel chigunwe
Liverpool have generated a significant financial windfall following their run to the Champions League final but defeat in the final against Real Madrid comes at a cost.
Liverpool have missed out on a record £93million total in UEFA prize money after the Reds were defeated in the Champions League final by Real Madrid.
But Jurgen Klopp’s side still banked a significant £89.2 million in prize money as a reward for their run to the final – but defeat to Real Madrid saw them miss out on an extra £3.8million.
They have also missed out on an extra £3million cash injection which they would have received for playing in August’s Super Cup clash against Europa League winners Eintracht Frankfurt. The Reds chunk of prize money is still significant but pales in comparison to that of victors Real Madrid, who have secured a stunning £105.8million, owing to a superior 10-year coefficient – which gives them a higher base payment than Liverpool for taking part. While they have still received a significant cash injection ahead of the summer transfer window opening thanks to their European exploits, the defeat will come as a financial blow to the Reds.
The club are aiming to tie down big names Mohamed Salah and Sadio Mane to new contracts. A
breakdown of the prize money won by Liverpool is as follows: All 32 clubs to qualify for the group stages received a base payment of €15.6m (£13.1m) after earning another payment based on their ten-year coefficient (for Liverpool that was worth €22.7m [£19.3m]. Group stage wins were worth an additional €2.8m (£2.4m) withdraws earning clubs €930,000 (£784,000).
Reaching the round of 16 earned an additional €9.6m (£8.1m)
Quarter-finalists made €10.6m (£9m)
Making the last four is worth €12.5m (£10.5m) And the finalists receive €15.5m (£13.1m) with €4.5m (£3.8m) for the champions
Those figures do not include matchday or broadcast income, meaning the club’s overall takings for the campaign will exceed well in excess of £100m. They will receive a share of UEFA’s market pool, effectively a €300m (£253m) pot of broadcasting money. Liverpool are entitled to 30% of the amount reserved for Premier League sides after finishing second in the table last season.
The figures earned by leading clubs this season is a significant increase from last season’s prize money. Champions Chelsea earned a total of £70million from their Champions League success, while losing finalists Manchester City took home £60million.
The prize money in the Champions League is still significantly higher than the Europa League.
As an example, West Ham made £38million from their run to the Europa League semi-finals this season. –Mirror
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