Political Economy of Football
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Top Ten Champions League Money Earners

 

14/06/2005

Liverpool, the European champions, topped the Champions League money earners table with television and performance bonuses making the club £20.5 million. Chelsea were second best renumerated with £18.8 million and AC Milan, the losing finalists, were third with £17.5 million.

Table. Top Ten Champions League Money Earners 2004/05

Club

Champions League Earnings

Liverpool

£20.5m

Chelsea

£18.8m

AC Milan

£17.5m

Arsenal

£15.7m

Lyons

£13.6m

Bayern Munich

£12.3m

Werder Bremen

£11.4m

Manchester United

£10.9m

Barcelona

£10.7m

PSV Eindhoven

£10.5m

A proportion of the money is calculated as media revenues, which is shared amongst the clubs in the same TV market (i.e. by country), another proportion (a pot of £20 million) is split depending on domestic league position the year of qualification and a further £20 million pot is split amongst each nation's participating clubs according to how many games they play in the tournament.

 


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