UEFA set to introduce Champions League change

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.

UEFA set to introduce Champions League change

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