With the 2023/24 UEFA Champions League all set to begin today, check out the prize money breakdown, past winners list, and more below
The UEFA Champions League is the most prestigious competition in European football, has consistently been a stage where clubs can strike gold, both in terms of glory and financial reward.
UEFA Champions League 2023/24 winner and runner up prize money breakdown and past winners list
In the season that starts today, the UEFA Champions League has maintained its colossal prize purse, with a total of €2.03 billion (£1.74 billion $2.19 billion) up for grabs.
Let's get down to business 👊#UCL pic.twitter.com/WstW56jlOQ
— UEFA Champions League (@ChampionsLeague) September 19, 2023
The prize money distribution is meticulous, offering incentives at various stages of the competition, ultimately culminating in a grand sum for the victor.
Breaking down the prize money distribution for the 2023-24 Champions League season, we find a system that rewards both performance and historical success.
The distributions are as follows:
- Winner: €20 million (£17.1 million $21.6 million)
- Runner-up: €15.5 million
- Semifinalists: €12.5 million
- Quarterfinalists: €10.6 million
- Round of 16: €9.6 million
- Group-stage wins: €2.8 million
- Group-stage draws: €930,000
- Reaching the group stage: €15.64 million (£13.37 million $16.89 million)
Approximately 30% of the prize pool is allocated using a coefficient algorithm, which assesses a club’s European performance over the past ten years.
Clubs are ranked based on this algorithm, and bonuses are awarded for winning European trophies. The club ranked first receives a significant share, while even the lowest-ranked club is guaranteed a share.
Furthermore, the Champions League prize money benefits from an additional boost from broadcast revenue, contributing 15% of the total purse. This revenue is distributed among national federations based on their TV market value.
Subsequently, each national federation allocates this money to participating clubs, with 50% distributed based on fixed percentages set by UEFA, and the remaining 50% based on the number of matches played by each club in the 2023-24 season.
✨#UCL pic.twitter.com/4euMsqwhr6
— UEFA Champions League (@ChampionsLeague) September 19, 2023
Let’s delve into the illustrious history of past UEFA Champions League winners:
- 2022-23: Manchester City
- 2021-22: Real Madrid
- 2020-21: Chelsea
- 2019-20: Bayern Munich
- 2018-19: Liverpool
- 2017-18: Real Madrid
- 2016-17: Real Madrid
- 2015-16: Real Madrid
- 2014-15: Barcelona
- 2013-14: Real Madrid
- 2012-13: Bayern Munich
- 2011-12: Chelsea
- 2010-11: Barcelona
- 2009-10: Inter Milan
- 2008-09: Barcelona
- 2007-08: Manchester United
- 2006-07: Milan
- 2005-06: Barcelona
- 2004-05: Liverpool
- 2003-04: Porto
- 2002-03: Milan
- 2001-02: Real Madrid
- 2000-01: Bayern Munich
- 1999-2000: Real Madrid
- 1998-99: Manchester United
- 1997-98: Real Madrid
- 1996-97: Borussia Dortmund
- 1995-96: Juventus
- 1994-95: Ajax
- 1993-94: Milan
- 1992-93: Marseille
- 1991-92: Barcelona
- 1990-91: Red Star Belgrade
- 1989-90: Milan
- 1988-89: Milan
- 1987-88: PSV
- 1986-87: Porto
- 1985-86: Steaua Bucureşti
- 1984-85: Juventus
- 1983-84: Liverpool
- 1982-83: Hamburg
- 1981-82: Aston Villa
- 1980-81: Liverpool
- 1979-80: Nottingham Forest
- 1978-79: Nottingham Forest
- 1977-78: Liverpool
- 1976-77: Liverpool
- 1975-76: Bayern Munich
- 1974-75: Bayern Munich
- 1973-74: Bayern Munich
- 1973-74 Replay: Bayern Munich
- 1972-73: Ajax
- 1971-72: Ajax
- 1970-71: Ajax
- 1969-70: Feyenoord
- 1968-69: Milan
- 1967-68: Manchester United
- 1966-67: Celtic
- 1965-66: Real Madrid
- 1964-65: Inter Milan
- 1963-64: Inter Milan
- 1962-63: Milan
- 1961-62: Benfica
- 1960-61: Benfica
- 1959-60: Real Madrid
- 1958-59: Real Madrid
- 1957-58: Real Madrid
- 1956-57: Real Madrid
- 1955-56: Real Madrid
Starting in the next season, the competition will expand from 32 to 36 teams, adopting a “Swiss system” with eight games for each participating club. This expansion promises significant financial benefits, with the total prize pot set to rise to an impressive £3.78 billion per season.
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