VIENNA, March 23 — Champions League and Europa League clubs will share more than €1.6 billion (RM6.42 billion) in prize money from next season in a huge new boost to their coffers, UEFA  announced today.

The Champions League treasure chest will rise from €1 billion now to €1.25 billion for the next three seasons. Europa League clubs will see their pot increased from €232 million to €380 million. 

With extra “solidarity” payments, UEFA will give out a total of €2.24 billion each season from its Champions League and Europa League television and marketing revenues, general secretary Gianni Infantino said.

Infantino told a press conference after a UEFA executive meeting that the amounts could be even higher as some contracts are still to be negotiated.

At present each team in the Champions League receives a minimum of €8.6 million, boosted by performance bonuses such as €1 million for each win in the group stage up to €10.5 million for winning the final. 

The winner of this year’s final could get €37.4 million in all, plus a share from a €400 million television rights pool.

Infantino said full details of the new payments would be released at the European Club Association assembly in Stockholm next week. — AFP