Aside the prestige of participating in the Champions League competition and playing against other top European clubs, there is also huge financial benefits that follows clubs that partake in the competition.
The champions league competition still remains the most competitive, as it invovles some of the strongest European clubs, who fights to win the prestigious trophy.
The winner of the Champions League competition goes home with a lot of cash benefits, which could help boost the financial records of the club at the end of the season.
The cash rewards given to the winner of the champions league competition is not a fixed amount, as it is determined by three different factors, which includes the performances of the team, television rights and Uefa coefficient.
According to the performances of teams in the competition, €15 million is given to all clubs that qualify for the competition, €2.7 million is given for every match won in the group stage, while €900,000 would be given for a match that ended in a draw.
Additional prize money would be given to clubs that reach the knockout rounds. €9.5 million would be awarded to clubs for reaching the round of 16, €10.5 million for the quarter finalist, €12 million for the semi finalist, then the runner up would get €15 million, while the cup winners are awarded with €19 million.
A club could get up to €82.2 million from performances in the competition, if they won all there group stage game, up to winning the trophies in the final.
According to additional prize money received from television rights, it depends on the income that a country brings to the competition through viewing rights, which would be shared among the teams of that country in the competition, according to the league position they finished in the previous season, and how far each team go in the competition.
In the 2020/21 Champions league campaign season, the English club could have an estimate television rights as follows; Liverpool to receive €21.2 million for finishing first in the league last season and getting to the quarter finals of the champions league, Manchester City could receive €17.8 million for finishing second in the previous league campaign, Manchester United could receive 16.6 million, while Chelsea could receive €13.1 million.
More champions league funds would be shared according to Uefa coefficient, which is the ranking of how well a team have done in Europe for the past ten years, which would see the top teams earn much higher income.
Chelsea is the top ranking English team in the Uefa coefficient, ranking in the fifth position, they could earn extra €31 million.
With four teams left in the competition this season, with the likes of Manchester City, Paris Saint German, Chelsea and Real Madrid. Chelsea could fansy their chances of going all through to the finals and win the competition this season, which would give them a massive financial boost in the club's income.
Chelsea could get up to €78.6 million from performances in the competition, if they go on to win it, with additional €13.1 million from television rights and €31 million from the Uefa coefficient.
In total, Chelsea could earn €122.7 million if they go on to win the Champions League title this season.
Do you think Chelsea can knock out Real Madrid to get to the finals of the Champions League this season?
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