Europa League Revenue 2024/25 (after league phase)

Chasing Cars

Last week I took a look at the TV money earned to date after the conclusion of the league phase of the 2024/25 Champions League and have received quite a few requests to do the same thing for the Europa League, so here goes.

Essentially, the format for the Europa League works in the same way as the Champions League, so we don’t need to repeat the explanation of the changes. The major difference, of course, is that income in the Europa League remains much lower.

In fact, the Champions League has €2.5 bln available for distribution, which is more than four times as much as the Europa League’s €565m. On the other hand, the Europa League income is twice as much as the Europa Conference’s €285m.

The good news for the competing clubs is that the revenue available for distribution to Europa League clubs has increased by 22% (€100m) from €465m to €565m, which is good going at any time, but especially when domestic broadcasting deals are struggling to deliver any growth or are even falling in value.

Again like the Champions League, the distribution mechanism has been amended, as two of the previous elements, namely the TV pool and UEFA coefficient, have been combined into a new “value pillar”.

Furthermore, there has been a pronounced shift away from this value pillar to prize money. In this way, the value pillar (formerly TV pool and UEFA coefficient) has reduced from 45% to 35%, while the prize money’s share has increased from 55% to 65%.

League Phase

Lazio finished top of the league phase with an impressive six wins and one draw giving them 19 points, ahead of Athletic Bilbao on goal difference, followed by the two English representatives, namely Manchester United and Tottenham Hotspur.

The remaining four clubs that qualified directly for the last 16 were Eintracht Frankfurt, Olympique Lyonnais, Olympiacos and Rangers. Therefore, England were the only country that had more than one club in the top eight.

Three clubs narrowly missed out on direct qualification on goal difference, namely Bodo/Glimt, Anderlecht and FCSB.

Revenue by Club

My calculations suggest that five clubs have already received more than €20m from this season’s Europa League with English clubs filling two of the top three places: Manchester United are first with €22.7m, while Tottenham are third with €21.7m.

Lazio are in second spot with €21.7m, while the leading earners also include Eintracht Frankfurt €21.3m and Olympique Lyonnais €20.0m.

The Europa League features twice as many clubs outside the top six leagues than the Champions League, i.e. 24 compared to 12.