Liverpool outdo Arsenal as Reds land higher Champions League earnings | Football | Sport

Liverpool and Manchester City have both earned more from the Champions League than Arsenal so far this season, according to analysis released on Monday. Mikel Arteta’s side stormed into the last 16 with eight wins out of eight in the league phase, which concluded last week, and have been touted as favourites to win the whole thing. Premier League champions Liverpool finished third despite being thrashed by PSV back in November while City were eighth, the lowest position afforded an automatic place in the last 16.

However, both City and the Reds have so far banked £84m from this year’s competition, marginally more than Arsenal’s £83.1m, according to data published on Monday by the Swiss Ramble football finance blog. While Arsenal have outshone those two clubs on the pitch, City and Liverpool have earned more to date this season due to their superior European records over the last decade when compared to the north Londoners.

The 36 clubs in the league phase each receive a £16.1m starting fee before prize money based on performance is added, which accounts for 37.5 per cent of the total money distributed to the clubs by UEFA. Cash is earned for each win, draw, position in the table and qualification for the last 16.

That achievement alone is worth £9.5m to each club. Consequently, Arsenal unsurprisingly topped the performance section of the earnings list, collecting £35.1m, with Liverpool securing £31m and City obtaining £28.5m.

However, Arsenal fared less impressively in the ‘value pillar’ component of Champions League revenues.

This is calculated by ranking clubs based on the worth of a nation’s media market, combined with individual clubs’ performances in Europe over the past five and 10 years in UEFA’s coefficient rankings.

The ‘value pillar’ accounts for 35 per cent of the total sum distributed among the 36 clubs. Swiss Ramble calculates City were the highest-earning English club in this section, collecting £39m compared to Liverpool’s £37.2m and Arsenal’s £32m.

Chelsea’s total overall earnings from the Champions League this season so far are calculated to be £79.6m with Tottenham’s thought to be £72.7m.

Newcastle’s earnings are considerably lower at present at £46.7m, due to their lower coefficient ranking compared to the other five English clubs, and the fact they face a play-off to reach the last 16.

The highest-earning club so far, according to Swiss Ramble, across all metrics is Bayern Munich who have so far secured £86.6m.

There is substantial prize money still available to be claimed, with £49.8m on offer for the club which wins the Champions League, if they also go on to win the Super Cup in August.

The finalists, semi-finalists and quarter-finalists of the Champions League will receive progressively smaller sums than the winners.

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