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Home»Entertainment/Arts & Sports»UEFA to raise payments for clubs not in European competition
Entertainment/Arts & Sports

UEFA to raise payments for clubs not in European competition

UEFA to raise payments for clubs not in European competition
NewsdeskBy NewsdeskSeptember 7, 2023Updated:September 7, 2023No Comments2 Mins Read
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Clubs that fail to qualify for UEFA’s competitions are set to receive a greater share of revenue from the European governing body from next season.

The arrangement is under a new distribution model announced on Wednesday by UEFA.

UEFA and the European Club Association (ECA) signed a renewed working agreement until 2030 which will “bolster long-term stability and sustainable growth in European club football,” the governing body said in a statement.

The change will be effective from the start of the 2024-25 season, coinciding with a new format in UEFA’s Champions League, Europa League and Europa Conference League.

Under the new model for the 2024-2027 cycle,  seven percent of the revenue UEFA earns from the three competitions will be distributed to clubs not competing in them, up from four percent.

The European Leagues Association, which represents professional soccer leagues in Europe, said the change would result in 308 million euros ($330.02 million) being shared among non-participating clubs, up from the current 175 million euros.

“Today’s announcement … will help all clubs across Europe to safeguard their competitiveness on and off the pitch while keeping investing in youth and talent development,” it said in a statement.

UEFA said further details of the new system would be unveiled at a later date.

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