Uefa set to spread the wealth to clubs outside the European elite
The new model starts in 2024 and will see clubs not in European competitions earn 3% more than current levels
![](https://static.independent.co.uk/2023/09/07/09/GettyImages-1497701532.jpg)
Your support helps us to tell the story
As your White House correspondent, I ask the tough questions and seek the answers that matter.
Your support enables me to be in the room, pressing for transparency and accountability. Without your contributions, we wouldn't have the resources to challenge those in power.
Your donation makes it possible for us to keep doing this important work, keeping you informed every step of the way to the November election
![Head shot of Andrew Feinberg](https://static.independent.co.uk/static-assets/support-us/andrew-feinberg.png)
Andrew Feinberg
White House Correspondent
Clubs that fail to qualify for Uefa’s competitions are set to receive a greater share of revenue from the European governing body from next season under a new distribution model announced on Wednesday.
Uefa and the European Club Association (ECA) signed a renewed working agreement until 2030 which will “bolster long-term stability and sustainable growth in European club football”, the governing body said in a statement.
The change will be effective from the start of the 2024-25 season, coinciding with a new format in Uefa’s Champions League, Europa League and Europa Conference League.
Under the new model for the 2024-2027 cycle, 7% of the revenue Uefa earns from the three competitions will be distributed to clubs not competing in them, up from 4%.
The European Leagues Association, which represents professional soccer leagues in Europe, said the change will result in £265m being shared among non-participating clubs, up from the current £150m.
“Today’s announcement will help all clubs across Europe to safeguard their competitiveness on and off the pitch while keeping investing in youth and talent development,” it said in a statement.
Uefa said further details of the new system will be unveiled at a later date.
Reuters
Subscribe to Independent Premium to bookmark this article
Want to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments