The 48 clubs embarking on UEFA Europa League group stage campaigns this week will receive increased prize money compared with the rewards on offer last season, when the rebranded competition began life as the successor to the UEFA Cup.

Each team taking part this term will collect a €640,000 participation bonus together with a match bonus of €60,000 for every match played in the group stage. They can add to this total minimum amount of €1m through a series of performance-related rewards, starting with €140,000 per win and €70,000 per draw in their group games.

By way of example, if a side wins all six of their group fixtures they will earn a total of €1.84m from the competition by Christmas.

Progress beyond that point will trigger further bonus payments worth: €200,000 for reaching the round of 32, €300,000 for the round of 16, €400,000 for the quarter-finals and €700,000 for the semi-finals.

The prize money for the clubs that go all the way to the final will be €3m for the eventual winner and €2m for the runner-up at the Dublin Arena on 18 May 2011.

Participating teams will also be entitled to a variable amount depending on the commercial value of their national media rights, their position in their national championship last season, and their performance during this UEFA Europa League campaign.

A side could pick up, at best, €6.44m not counting the market pool share.