Football & business

Champions League restarts, over 300 million bonus for Italian clubs

Napoli, Inter, Juve and Atalanta make their debut with challenging matches in the new European cup season and go in search of sporting results and revenue

by Marco Bellinazzo

(AP Photo/Laurent Cipriani)

3' min read

3' min read

It will not be an easy debut for the Italian teams in the second season of the Super Champions League. First on the pitch will be Juventus, who will receive Borussia Dortmund at the Allianz Stadium on Tuesday 16 September. On the day Inter will fly to Amsterdam to take on Ajax, while Atalanta are expected at the Parc des Princes in Paris by reigning champions Psg. Scudetto-winning Napoli, on the other hand, will face Manchester City on Thursday 18 September, again away at the Etihad Stadium. Challenging challenges, but in order to place in the best positions in the 36-team single group, it will be necessary to start off on the right foot. In a context where domestic revenues grow little and stadiums remain an unresolved issue, advancing in the Uefa cups represents vital oxygen for Italian football.

The total prize money of the Champions League exceeds EUR 3.3 billion, of which almost EUR 2.5 billion (exactly EUR 2.437 billion) goes to the clubs (for comparison, the 36 clubs in the Europa League get EUR 565 million and those in the Conference only EUR 285 million).

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This flow of resources is distributed according to three parameters: an equal share for all (27.5%, i.e. a total of 670 million or approximately 18.6 million per team); the market pool/historical ranking (35%, i.e. 853 million distributed on the basis of the team's palmares and national television markets); and sporting performance (37.5%, i.e. 914 million), the weight of which was increased with the introduction of the new format.

Winning a match in the group stage is worth 2.1 million, drawing 700 thousand. There will be prizes for the position gained in the single ranking, while qualification for the play-offs will be worth EUR 1 million. Clubs that are able to go ahead in the competition will benefit the most: the round of 16 is worth 11 million, the quarter-finals 12.5 million, the semi-finals 15 million and reaching the final 18.5 million. Lifting the trophy ensures an additional 6.5 million (in addition to the 4 million for access to the UEFA Super Cup with the possibility, by winning it, to add another).

In addition to these revenues, there are the box-office receipts that are exclusively due to the club hosting the match and any incentives provided for in contracts with sponsors linked to the achievement of certain continental targets.

For Inter, Juventus, Napoli and Atalanta, therefore, the European season represents an unavoidable budgetary variable. Inter and Juventus, however, having a higher historical ranking, have higher profit margins than Napoli and Atalanta, net of the sports component.

Last season in Europe saw mixed results for Serie A teams. Inter managed to reach the final of the competition (lost badly against PSG), but the other teams disappointed expectations: AC Milan were eliminated in the play-offs by Feyenoord as well as Juventus, who went out against PSV Eindhoven. The same fate befell Atalanta, who also finished ninth in the group, defeated in the play-offs by the Belgians Bruges. Bologna, the fifth team admitted thanks to the Uefa ranking, was eliminated in the first phase.

If Inter, thanks to their ride through the round of 16, quarter-finals and semi-finals, brought home more than 130 million euros, the other three tricolour teams had to be content with cheques of less than half of those cashed by the Nerazzurri. The figures will be made official by Uefa in the coming weeks, but Atalanta, thanks to their better ranking, should have reached 65 million, Juventus around 63 and Milan around 60. For Bologna, the take is just over 35 million.

The spoils of the campaign in the continent's top competition have thus yielded over 350 million for the five Serie A representatives. To have a term of comparison, Serie A's domestic TV rights are worth around 900 million annually: the Super Champions allows them to generate more than a third of this figure. An extra incentive to be competitive right from the start.

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