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Thursday, 7 September 2023

UEFA to increase payouts to clubs not competing in European competitions


Clubs who do not qualify for UEFA competitions will earn a larger proportion of revenue from the European governing body beginning next season.

The agreement is part of UEFA's new distribution plan, which was introduced on Wednesday, September 6, 2023.

The European Club Association (ECA) and UEFA have renewed their working agreement until 2030, which would "bolster long-term stability and sustainable growth in European club football," according to the governing body.

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 per cent of the revenue UEFA earns from the three competitions will be distributed to clubs not competing in them, up from four per cent.

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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