Unless a miracle occurs, Liverpool will not compete in the Champions League in 2023/24. The Reds have struggled on the pitch, despite a few bright spots, and even Europe League qualification for next season will have to be fought for if they are to avoid their first season without European competition since 2016/17. The club has earned around £400 million from Champions League football since 2017/18.
UEFA set to introduce Champions League change
Last year, the club earned nearly £100 million after reaching the final, where Real Madrid defeated them in Paris. They are unlikely to make their sixth consecutive appearance in the Champions League next season, but a summer of rebuilding could enable them to return in 2024/25. UEFA suggests reducing the Champions League prize money for elite clubs to be more equitably distributed income across all competing clubs, including the Reds.
According to The Times, teams’ co-efficient payments from the UEFA financing pot would decrease depending on their European achievement. The Reds received €22.7 million (£19 million) from the Champions League market pool for 2021/22. That cash was brought about by receiving €600.6m (£515.6m).
According to their coefficient rank, the 32 qualifying teams receive 528 components worth €1.137m (£0.98m). Sheriff Tiraspol, the Champions League’s lowest-ranked club last season, received €1.137 million from the market pool. In contrast, with the highest coefficient, Real Madrid received that sum multiplied by 32 teams to earn €36.38 million. Regarding coefficients, Liverpool ranks seventh, ahead of Manchester United, Sevilla, and Borussia Dortmund.
A lack of Champions League action may impact next year’s list. If Liverpool were to compete in the Champions League the next season, their coefficient rank would have increased, resulting in a greater fee. The European Teams Association, which represents hundreds of UEFA teams, has long lobbied for a more equitable allocation of riches, and the failure of the European Super League proposal to reform the Champions League’s money distribution has empowered UEFA.
