UEFA has moved to increase the financial rewards from playing in the Europa League by announcing prize money for the tournament will increase by 65 per cent.
An increase in television money for UEFA will also see prize money for the Champions League rise, but the disparity with the Europa League will not be so significant.
Clubs currently in the Champions League earn an average of four-and-a-half??times as much as those playing in the Europa League, but in the future UEFA will??fix the ratio at 3.3 to one. Solidarity payments to those clubs who fail to??qualify for the group stages will also rise significantly.
The prize money for the Champions League winners will rise from ??7.6m to ??10.9m, with the winners earning a maximum of ??39.6m in addition to their share of television money.
UEFA general secretary Gianni Infantino said: “UEFA is really pleased that the new distribution system not only provides for a substantial rise in monies received by clubs participating in the UEFA Champions League and UEFA Europa League, but also strengthens UEFA’s solidarity principle, namely ensuring an even more substantial increase in solidarity payments to clubs.
“In this way, the new system provides a better deal for everyone, especially those clubs which did not qualify to the group stage of either of the two UEFA club competitions.
“This is a perfect example of the proper implementation of the solidarity principle which forms an essential part of UEFA’s key values.”
Meanwhile, the ECA is to have two representatives co-opted on to UEFA’s executive committee, one of whom is expected to be ECA president Karl-Heinz Rummenigge.