UEFA General Secretary Gianni Infantino has outlined details of the new financial distribution system for clubs participating in the UEFA Champions League and UEFA Europa League.
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UEFA General Secretary Gianni Infantino has given details of the new financial distribution system for clubs taking part in the UEFA Champions League and UEFA Europa League, which was approved by the UEFA Executive Committee at its latest meeting in Vienna on Sunday.
The distribution system provides substantially increased solidarity payments, as well as increased proportional payments to clubs in the UEFA Europa League for the 2015–18 cycle.
"In summary, €2.24bn is available for distribution each season for the next three seasons," said Mr Infantino. "From this, €1.25bn will be given to teams competing in the UEFA Champions League, and €380m will be for teams participating in the UEFA Europa League.
"The remainder [is] being reserved for an enhanced solidarity package for European football and for the running costs of all UEFA club competitions."
The clubs will hear more details of the agreement at the general assembly of the European Club Association (ECA) on 31 March.
In addition, a number of competition regulations were approved by the Executive Committee, including those for the 2015–18 UEFA Champions League and UEFA Europa League. Mr Infantino made one clarification in terms of positions available in UEFA's club competitions for the new cycle.
"Clubs winning either the UEFA Champions League or the UEFA Europa League," he said, "will not add an extra place to the total number of places available for that association in the subsequent club competition season – with one exception.
"The only time an association can gain an additional place in the subsequent season's club competitions will be if one of their clubs wins either the UEFA Champions League or the UEFA Europa League and, at the same time, does not finish in a place in their domestic league or domestic cup which automatically grants a place in a UEFA club competition.
"It should also be stated," he added, "that an association with, for example, four places in the UEFA Champions League can increase their participation to five places should a club from their association win the UEFA Europa League in the previous season.
"If that club has already qualified for the UEFA Champions League via their domestic league, then the association remains with four places in the UEFA Champions League. If that club has already qualified for the UEFA Europa League via their domestic league, it results in five clubs participating in the UEFA Champions League, and two – not three – participating in the UEFA Europa League."