.jpg)
880 billion KSH boost for Premier League clubs in Europe?
Reading Time: 3min | Sun. 09.05.21. | 21:26
UEFA's potential partnering might annihilate the European Super League idea
After a vicious fan backlash and domestic league opposition - the controversial 'big six' - Chelsea, Arsenal, Manchester United, Manchester City, Liverpool and Tottenham each pulled out of the Super League proposals.
The wealthiest Premier League clubs attempted to defect and join the now doomed European Super League. Surprisingly, they are still set to benefit massively.
According to the Sun, UEFA is on the brink of agreeing a huge funding package - courtesy of London-based Centricus Asset Management. If it happens, it will represent a vast increase of cash flowing through the Champions League and Europa League soon.
Mentioned clubs will benefit hugely from a 8.3 billion USD (880 billion KSH) boosting the UEFA's competition system. Bonuses and rewards we are seeing this season could resemble 'pocket change' in comparison to the future earnings in the competition.
Amongst the mentioned big names of English football, there are also Leicester City and West Ham United - with a possibility of two clubs participating in European competitions next season, they might be among the first to benefit from the reported prize money injection.
This season solely, Champions League finalists Manchester City and Chelsea might collect more than 154 million USD (16.3 billion USD) from reaching the closing game of the campaign, while Liverpool will take a little bit over 112 million USD (12 billion KSH) for qualifying for the 'final eight'.
Europa League finalists Manchester United are in line to bank 98 million USD (10.3 billion KSH) if they defeat Villarreal.
'Founding members' of the Super League, including the six sides from England, have now been issued with fines - the 'dirty dozen', which are the 12 rebel clubs, were told by UEFA to make a combined donation of 18 million USD (2 billion KSH) to charities and also hand over 5% of their European competition revenue for one season start from the 2023-24 season.
If the clubs attempt a similar breakaway league-style project again - a 120 million USD (12.7 billion KSH) fine has been set as a penalty.
UEFA president Aleksander Ceferin spoke about the deal with the nine European side.
'It takes a strong organisation to admit making a mistake, especially in these days of trial by social media. These clubs have done just that.
'In accepting their commitments and willingness to repair the disruption they caused, Uefa wants to put this chapter behind it and move forward in a positive spirit.
'These clubs recognised their mistakes quickly and have taken action to demonstrate their contrition and future commitment to European football.'
The new money influx might be even more profitable for the big clubs than the ESL project. At the end of the day - it all resolves around money in today's football.




.jpg)






.jpg)
.jpg)


.jpg)
