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Daily Mirror
Daily Mirror
Sport
Rich Jones

Champions League prize money revealed as Liverpool eye back-to-back successes

UEFA have confirmed a huge £1.75billion will be shared out between teams in this year's Champions League.

The most lucrative competition in club football will give clubs a major financial boost.

Premier League clubs Liverpool , Manchester City , Chelsea and Tottenham will all earn £14million each just for reaching the group stages.

With a remarkable £525m available based on performance, the winners could net over £100m, just as Liverpool did when they went all the way last season.

The figures outline exactly why Manchester United and Arsenal's failure to qualify for the top competition in European football was such a massive blow from a financail standpoint.

The Champions League is the most lucrative club competition in world football (Getty Images)

A total £440m is split between the 32 sides who qualify for the group stage, with a further £2.4m available per win and £800,000 per draw.

Reaching the last 16 will land teams an extra £8.5m, with £9.5m on offer for reaching the quarter-finals.

A semi-final spot will be worth £11m with finalists netting £13.5m and the winners landing an extra £3.5m.

As a result, winning the competition will be worth around £70m in prize money alone without factoring in other revenues and the extra £525m put aside as reward for co-efficient rankings.

Liverpool landed a massive financial windfall when they won the top prize (REUTERS)

The lowest-ranked side, based on a 10-year period, in the group stages will get one share, with the highest-ranked side earning 32 shares with each share worth £1m.

There's also £262m put aside for TV revenue, with the value determined by the market share of each football association.

The money is then split based on performance in the previous domestic campaign, giving Manchester City an edge over Liverpool after winning the Premier League last season.

Tottenham are amongst the Premier League clubs also set to benefit from the prize fund (Laurence Griffiths)

Liverpool will be bidding for a second straight crown after beating Spurs in the Madrid final a few weeks ago.

The Reds have also been dealt a financial boost with the news they will net just over £3m as a result of reaching the Super Cup.

They will take on Chelsea in Istanbul on August 14 with an extra £900k on offer for the winners.

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