Join Now | 
HomeAboutContact UsPrivacy & SecurityAdvertise
Soccer America DailySpecial EditionAround The NetSoccer Business InsiderCollege Soccer ReporterYouth Soccer ReporterSoccer on TVSoccer America Classifieds
Paul Gardner: SoccerTalkSoccer America ConfidentialYouth Soccer InsiderWorld Cup Watch
RSS FeedsArchivesManage SubscriptionsSubscribe
Order Current IssueSubscribeManage My SubscriptionRenew My SubscriptionGift Subscription
My AccountJoin Now
Tournament CalendarCamps & AcademiesSoccer GlossaryClassifieds
Clubs' payout for Champions League to rise
AP, May 1st, 2012 1:11PM

MOST READ

MOST COMMENTED

The head of UEFA's commercial division said Tuesday that increased revenues for the Champions League will result in elite clubs earning another 15 percent in the next three seasons. Increased demand and improved contracts will see combined revenues for the Champions League and Europa League top $2 billion for the 2012-15 cycle, UEFA Events chief executive David Taylor told The Associated Press.

UEFA's current three-year Champions League broadcasting and sponsorship deals have earned $1.46 billion annually, and finalists typically earn around $66 million each.

"The Champions League is a must-have property for major broadcasters," Taylor said in an interview. "I think we'll be about 15 percent up. The Europa League is more difficult, but we will still see some increases. ... We've seen considerable growth outside of Europe in South America, Brazil, and certain parts of Asia."

Starting next season, total Champions League revenue will likely exceed $1.66 billion - allowing elite clubs to budget for increased income as UEFA's "financial fair play" rules take effect. UEFA is threatening to exclude clubs from its competitions from the 2014-15 season onward if they make persistent losses by overspending on player transfers and wages.


Read the original story...


No comments yet.

Sign in to leave a comment. Don't have an account? Join Now




AUTHORS

ARCHIVES
FOLLOW SOCCERAMERICA

Recent Section 2 Around the Net
Nigerian U-20 star Dike hopes more Cowgirl goals will come    
Goals by Courtney Dike helped Nigeria reach the final of the Under-20 Women's World Cup in ...
Inzaghi: Milan Has Nothing to Lose Against Juve     
AC Milan on Saturday hosts Juventus in an early-season top-of-the-standings clash of Italian heavyweights. While Milan ...
London Wins Semis and Final of Euro 2020    
UEFA on Friday awarded Wembley Stadium in London as the venue for the semifinals and final ...
Prosecutor Calls for End to FIFA's Secrecy     
FIFA prosecutor Michael Garcia on Friday said he wants more details published about corruption cases in ...
Pellegrini Defends Toure, Lampard     
Manchester City coach Manuel Pellegrini defended Yaya Toure's performance against Bayern Munich during City's UEFA Champions ...
Mourinho Was 'Not Expecting' Lampard to Join Man City     
Jose Mourinho says he still has respect for Chelsea legend Frank Lampard even though he could ...
Mourinho: Relationship with Ronaldo 'Does Not Exist'    
Jose Mourinho says he no longer has any relationship with Cristiano Ronaldo now that he has ...
Arrests Mar Roma's UCL Win     
Police arrested three fans prior to AS Roma's UEFA Champions League opener against Russian side CSKA ...
Roma Players Warn City, Bayern Following Rout     
AS Roma's players said they are full of confidence following their 5-1 hammering of CSKA Moscow ...
Di Maria: "I Needed to Change My Life"    
In an interview with Perform, Manchester United forward Angel Di Maria says that he left Real ...
>> Section 2 Around the Net Archives