It is undoubtedly great news for Geordies everywhere that Newcastle United are back in the Champions League for the first time in 20 years, pushing the dark days of the Mike Ashley era to the back of supporters’ minds.
The club has described this as a game-changer, but how much will this adventure really be worth?
Put another way, why will the Champions League not benefit Newcastle United as much as their rivals?
Distribution
The answer to this question lies in the way that UEFA distribute the Champions League riches.
A total of €1.0 bln is available, which is then split into four elements:
Participation €501m (25%)
Prize money €601m (30%)
UEFA coefficient €601m (30%)
TV pool €300m (15%)
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