UEFA has doubled the amount of prize money that will be distributed to teams at next year’s UEFA Women’s European Championship final tournament in England. Northern Ireland will be one of the teams to benefit. It has also changed the way in which funds are distributed to clubs in a move that will benefit clubs in the Republic of Ireland and Northern Ireland.
The 16 qualified teams will share a total of €16 million, double the amount of the total prize money of €8 million distributed at UEFA Women’s Euro 2017 in the Netherlands. The financial distribution will include increased guaranteed amounts and performance-based bonuses for the group stage.
In addition, the UEFA Executive Committee approved the introduction of a club benefits programme, for the first time, making available a significant total amount of €4.5 million to reward European clubs releasing players for the UEFA Women’s Euro final tournament for their contribution to the success of the event.
The increases in financial distributions and introduction of a club benefits programme are key strategic initiatives of UEFA’s Women’s Football Strategy – TimeForAction, ensuring that more money than ever before is distributed across the women’s game.
Full details of the financial distribution scheme will be made available in the coming days.
The Executive of UEFA also made changes to the distribution of funding to clubs in the Men’s game which should benefit teams taking part in the SSE Airtricity League.
There will be an increased share for all non-top five associations and capped shares for the top five associations of England, Spain, Germany, Italy and France.
The gap will be reduced between associations with and without clubs participating in the UEFA Champions League group stage
The 4 per cent solidarity for non-participating clubs will be around €140m based on projected overall revenue of €3.5bn in the three-year cycle to 2024.
This will be supplemented by 30 per cent of the revenue generated by the club competitions above €3.5bn up to a maximum of €35m.
As a consequence, a total of €175m is expected to be available from the competition revenue for non-participating clubs compared to €130m in the 2018-21 cycle and the share reserved for the non-top five associations will increase to €132.5m, around €50m more than with the previous scheme, representing a more than 60% increase.
We will carry estimates of what this might mean for Irish clubs in the coming weeks.
“A powerful and influential network of information and collaboration”
Download our latest membership brochure here.
Sport for Business Partners
