UK forces may be deployed on the ground in Gaza to help deliver aid    Trump VP contender Kristi Noem defends killing her dog    Conservative MP and ex-minister Daniel Poulter defects to Labour    King, Crown Prince congratulate South Africa's president on Freedom Day    WEF convenes special meeting on global collaboration, growth and energy for development 1,000 government, business and civil society leaders to gather in Riyadh    Saudi House opens in Riyadh to showcase Kingdom's Vision 2030 innovations    Council of senior scholars: Hajj permit mandatory under Shariah law    Food poisoning cases rise to 35 in Riyadh restaurant incident    Honduras exempts Saudis from visa requirements    Saudi Drug enforcement contributes to thwarting 47 kilograms of cocaine smuggling in Spain    Al Hilal triumphs over Al Fateh in a fierce 3-1 clash at Kingdom Arena    Al Shabab overpowers Al Ittihad with a 3-1 victory in Jeddah    Saudi Olympic team exits U-23 Cup in quarterfinals, loses Paris 2024 Olympics dream    Ministry uncovers misuse of mosque utilities during inspection    TGA introduces uniform for bus drivers    'Zarqa Al Yamama': Riyadh premieres first Saudi opera    Riyadh Season announces first overseas event with boxing gala in Los Angeles    Australian police launch manhunt for Home and Away star Orpheus Pledger    Spice Girls reunite at Posh's 50th birthday    Aspiring fencer Josh Brayden aims for Olympic glory    JK Rowling in 'arrest me' challenge over hate crime law    Trump's Bible endorsement raises concern in Christian religious circles    Hollywood icon Will Smith shares his profound admiration for Holy Qur'an    We have celebrated Founding Day for three years - but it has been with us for 300    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



UEFA and clubs to share $1.5b from Champions League
By Graham Dunbar
Published in The Saudi Gazette on 22 - 08 - 2009

The world's most lucrative club football competition, the European Champions League, will earn clubs and organizer UEFA a record $1.55 billion in marketing and television revenues this season.
The recession-defying figure is a rise of 33 percent on last season, according to figures released by UEFA.
The payouts will be matched for two more seasons after the European governing body signed global television and sponsorship deals - including top-tier partners Ford, Heineken, MasterCard, PlayStation, Sony and UniCredit - through 2012.
The elite 32 teams featuring in the group stage draw next week will share more than two-thirds of total commercial revenues. Their payouts do not include money earned from sales of tickets and merchandise.
Each club is guaranteed a 7.1 million euros participation fee before play begins in September and will get bonuses based on results. A group stage victory pays 0.8 million euros while the final next May is worth an extra 9 million euros to the winner and 5.2 million euros to the runner-up.
A team which won all six of its group matches and advanced through the knockout rounds to lift the trophy would be guaranteed 31.2 million euros, plus a share of television rights.
Reigning champion FC Barcelona earned almost exactly that amount last season with television money included.
Runner-up Manchester United got the biggest payout, 37.8 million euros, in part because England is a more valuable television market than Spain.
This season, a tightly controlled distribution formula has created a pool of broadcast money totaling 337.8 million euros – a rise of 63 million euros.
The biggest market pool earner last season was Bayern Munich (21.5 million euros), because it was the only German team to reach the knockout stage, while BATE Borisov from the tiny market of Belarus got a 42,000 euros share.
UEFA has set aside 55 million euros for the playoff round, a fourth and final stage of qualifying which was introduced for this season's competition.
The 20 clubs currently taking part in 10 playoff ties - including Arsenal and Atletico Madrid, plus Austria's Salzburg and FK Ventspils of Latvia - will each receive a fixed 2.1 million euros payment.
More than 10 million euros will be distributed among clubs eliminated in the qualifying rounds of the Champions League and Europa League.
UEFA is also spreading 50 million euros in compensation among clubs who don't play in either competition but must try to compete for domestic success against those who pad their wealth from regular Champions League appearances.
Swiss-based UEFA will retain around 200 million euros of total revenues to cover its own costs and make solidarity payments to 53 member associations, national leagues and clubs.
The European Club Association, a recognized lobby group that counts more than 130 clubs as members, will receive at least 2.5 million euros.
The Champions League group stage draw is made next Thursday, Aug. 27 in Monaco. The first matches are played Sept. 15.


Clic here to read the story from its source.