Leicester City received more UEFA Champions League money than Real Madrid

Annette Crawford
October 21, 2017

Leicester City earned more money for reaching the UEFA Champions League quarter-finals last season than Real Madrid did for winning the competition.

UEFA awarded each participating club a basic fee of £11.38m, plus bonuses for results and a share of TV rights, which is known as the market pool.

Man Utd's payout was more than double the next highest earner, Germany's FC Schalke 04, who received €17.7 million.

Of 32 group-stage teams, Basel's €16.3m was the lowest share of nearly €1.4 billion in the UEFA prize fund.

Last season's Europa League winners Manchester United secured 44.5 million euros of payments, while runners-up Ajax Amsterdam received 16.1 million euros, largely on the back of a less lucrative television deal for the Dutch teams.

Under the distribution system for the 2015-18 commercial cycle, which was introduced in 2015/16, all net revenue from the club competitions (including the sale of tickets and hospitality packages for the Champions League and Europa League finals and the Super Cup) is centralised and reallocated to the Champions League and Europa League clubs.

UEFA said that in a statement that "in principle, the money should be shared equally between all top-division clubs not involved in the UEFA Champions League or UEFA Europa League group stages".

It means Juventus - who also topped the 2013 prize money list as quarterfinalists - likely need to win the title to repeat atop the table from next season.

Other reports by Iphone Fresh

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