Soccer

European Super League: UEFA looking for cash infusion for Champions League, per report

Getty Images

The appeal of the Super League for Europe’s biggest club that have agreed to join is certainly the increase funding of over €10 billion during the initial period, with founding clubs getting €3.5 billion to start. To counter, UEFA is reportedly aiming to increase their funding. 

According to RMC in France, UEFA is working with an English investment fund to receive a starting budget of €4.5 billion, which could go as high as €7 billion.

For the 2019-20 season, UEFA distributed €2.04 billion to clubs competing in the UEFA Champions League and the UEFA Super Cup. The gross commercial revenue was €3.25 billion. In that year, 93.5 percent was dstributed to the clubs. So, if the rates stay the same and UEFA get increased funding, that would mean that the €2.5 billion that goes to the clubs could potentially become as much as €6.5 billion if the budget gets as high as €7 billion. 

This, in theory, would allow for clubs to be paid much more, though the specifics have not been released.

Craving even more coverage of the world’s game? Listen below and follow ¡Qué Golazo! A Daily CBS Soccer Podcast where we take you beyond the pitch and around the globe for commentary, previews, recaps and more.

CBS Sports will update this story as more information becomes available. 



 Source link

Back to top button
SoundCloud To Mp3