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UEFA to increase payments for clubs not in European competitions

UEFA and the European Club Association have confirmed a new revenue distribution model that will increase solidarity payments to teams not participating in UEFA’s club competitions.

The arrangement is under a new distribution model announced on Wednesday by UEFA.

Under the new model for the 2024-2027 cycle, seven per cent of the income UEFA and European football’s governing body earns from the Champions League, Europa League and Europa Conference League, will be distributed to teams not in the competitions.
It is meant to be an increase from four per cent

A statement from the European Leagues Association, the body that represents the domestic leagues, read, “The European Leagues Association welcomes today’s announcement of UEFA to increase solidarity payments for non-participating clubs during the upcoming 2024-27 UEFA Club Competitions (UCC) cycle.

“Through the years, the European Leagues and its members have been firmly calling UEFA and the football stakeholders for the implementation of a fairer revenue distribution model in UCC so as to protect the competitive balance of domestic league competitions.

“Today’s announcement to grow the share for non-participating clubs to 7% (up from the current 4%) of the projected annual €4.4 billion of UCC global income will help all clubs across Europe to safeguard their competitiveness on and off the pitch while keeping investing in youth and talent development

https://punchng.com/uefa-to-increase-payments-for-clubs-not-in-european-competitions

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