By Reinaldo Oliveros
Sep 16, 2024, 10:28 AM EDT
The UEFA Champions League will start this Tuesday with the new format and tens of millions of dollars in prize money. More than $100 million could be earned by the team that ends up as champion.
In the new “League” format of the Champions League, each of the 36 participants will receive $20.7 million in the group stage.
For each victory the teams obtain, they will receive $2.3 million dollars. and for a draw they get $779,000. This year the teams will play eight matches in the first phase.
Depending on the position the teams obtain in the classification table, they will receive a bonus amount.
First place will get $11 million, $10.6 for second place and $10 for third place. Prizes range up to $306,000 for last place.
Teams that advance directly to the round of 16 (1 to 8) will receive $2.2 million dollars and those that qualify through the play-offs (9 to 16) will receive $1.11 million dollars.
From the round of 16 onwards, each round advancement means more than $10 million of dollars. $11.2 for those who reach the round of 16, $13.9 for reaching the round of 16, $16.6 for reaching the semi-finals and the two semi-finalists receive $20.5.
The champion receives $7.2 million and $4.4 million for qualifying for the European Super Cup. If they win the European Super Cup, an additional $1.1 million will be awarded.
In total, a team that qualifies first and, if it becomes champion, can earn more than $100 million in this edition of the Champions League. A team that is eliminated and does not achieve victories can earn just over $20 million.
Keep reading
– Carlo Ancelotti comes to the defence of Vinícius Júnior for the attacks he receives in stadiums
– Another important loss for FC Barcelona: Dani Olmo will miss several matches