, 16 tweets, 14 min read Read on Twitter
After Saturday’s final, the estimates for this season’s Champions League revenue for Liverpool and Tottenham Hotspur can be updated. We can also look at the incredible amounts of TV income earned by English clubs in 2018/19. Some analysis in the following thread #LFC #THFC
#LFC earned an additional €4m for winning the competition (for the sixth time), bringing their total to €111m (£98m), while #THFC remain at €102m (£90m). As a reminder, #MUFC and #MCFC received €93m (£83m) and €93m (82m) respectively.
#LFC 2018/19 Champions League revenue of €111m (£98m) is €30m (£26m) higher than €81m (£72m) they earned in 2017/18, having won the trophy against “only” reaching the final. It includes: participation €15.3m, prize money €60.0m, UEFA coefficient €23.3m & TV pool €12.7m.
#THFC 2018/19 revenue of €102m (£90m) is €41m (£36m) higher than the €61m (£54m) they earned for getting to the last 16 in 2017/18. It includes: participation €15.3m, prize money €54.8m, UEFA coefficient €15.5m and TV pool €16.1m.
Both #LFC and #THFC would have earned even more without the introduction of the UEFA coefficient, a new distribution method for 2018/19, based on performances in UEFA tournaments over past 10 years. They were behind #MUFC and #MCFC in this ranking.
This means that #LFC (ranked 15th) and #THFC (ranked 25th) received €23.3m and €15.5m respectively from the UEFA coefficient. In contrast, #MUFC strong historical record (ranked 5th) earned them €31.0m, while #MCFC (ranked 14th) received €24.4m.
Also worth noting the impact of the TV pool: (a) half based on previous season’s domestic competition; (b) half based on current season’s Champions League progress. As a result, #MCFC got the highest payment of €20.5m, mainly due to winning the 2017/18 Premier League.
Note that these 2018/19 Champions League TV pool numbers are only estimates. Key assumptions: (a) English TV pool increases by 30%, in line with the new BT Sports deal; (b) this has then been split 1/3 TV pool, 2/3 UEFA coefficient, as per total prize money distribution.
#MUFC 2018/19 revenue of €93m (£83m) is €53m (£47m) higher than the €40m (£36m) they earned in 2017/18, partly due to reaching quarter-final, but mainly the UEFA coefficient. It includes: participation €15.3m, prize money €29.9m, UEFA coefficient €31.0m and TV pool €17.2m.
#MCFC 2018/19 revenue of €93m (£82m) is €29m (£26m) more than the €64m (£56m) they got in 2017/18, mainly due to overall higher TV deal, as they reached quarter-final both years. Includes: participation €15.3m, prize money €32.9m, UEFA coefficient €24.4m & TV pool €20.5m.
The benefits of qualifying for Champions League compared to Europa League are clearer than ever. In 2018/19 English CL clubs earned well over twice as much as EL clubs - even though #CFC & #AFC reached the final:

#LFC £98m
#THFC £90m
#MUFC £83m
#MCFC £82m
#CFC £39m
#AFC £32m
#LFC also received the most TV money from the Premier League. The Reds’ £152.4m was higher than league winners #MCFC £151.0m, due to more of their matches being broadcast live (29 vs. 26), which meant facility fees were £3.4m higher, while merit payment was only £1.9m lower.
So #LFC have earned an incredible £251m TV income from the Premier League & Europe – the first time a club has received more than a quarter of a billion pounds from this revenue stream.

In fact, 4 English clubs are above £200m, including #THFC £235m, #MCFC £233m & #MUFC £225m.
Europa League clubs earned much less (around £40-50m) than their Champions League peers: #CFC £185m and #AFC £174m.

However, this still provided a sizeable advantage over the other clubs in the Premier League with the closest challengers being #EFC £129m.
Despite all their problems in 2018/19, #MUFC actually led the way in terms of year-on-year growth, receiving £40m more than 2017/18. They were followed by #THFC £36m, #LFC £33m and #MCFC £27m. In contrast, #CFC had £15m less TV income, while #AFC were flat.
The conclusion is that, despite the vast TV riches available in the Premier League, it is still well worth qualifying for Europe, especially the Champions League. The gap between these competitions was already wide, but it is getting more lucrative than ever for the elite.
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