Sport
Constitutional breakdown
字号+ Author: Source:Sport 2025-01-16 12:51:29 I want to comment(0)
PARIS: European football’s governing body UEFA said on Tuesday it would increase the funds allocated
PARIS: European football’s governing body UEFA said on Tuesday it would increase the funds allocated to clubs not taking part in men’s continental competitions, also capping the amount going to the top five federations. “Last year, the UEFA Executive Committee approved a significant increase in the distribution of solidarity for clubs not participating in UEFA’s men’s club competitions for the 2024-27 cycle, which will see the share allocated to non-participating clubs rise from 4% to 7% of the projected revenue threshold of 4.4bn. This translates to 308mn an increase of nearly 80% compared to the previous cycle,” UEFA said in a statement after its Executive Committee in Prague. “A cap to the distribution to the top five federations (England, Spain, Italy, Germany and France) has been confirmed, as they will receive 10m each,” UEFA added. “The funds available to the remaining 50 associations will therefore increase from the current 135m to a total of 258m. 70% of these amounts will be distributed based on their position in the UEFA access list, while 30% will be proportional to the amounts received by the top earning club of each association, an innovative concept expressly targeting competitive balance in domestic leagues.” The decision was welcomed by the European Clubs Associations. ECA has worked for many months with UEFA, in consultation with European Leagues, to drive a significant increase in solidarity for non-participating clubs together with a more equitable distribution system for participating clubs for the new 2024-27 cycle, benefiting clubs of all sizes across the football pyramid,” ECA chairman and PSG president Nasser el-Khelaifi said. A new strategy for women’s football “for the period 2024-30” was also approved by the Executive Committee, UEFA said, adding that details would be published “in the coming weeks”.
1.This site adheres to industry standards, and any reposted articles will clearly indicate the author and source;
Related Articles
-
Vegas Slots: The Heart of Casino Entertainment
2025-01-16 12:06
-
Hezbollah, Israel trade heavy fire in ‘new phase’ of fighting
2025-01-16 10:52
-
Israel has informed US of plans for limited ground operation in Lebanon: report
2025-01-16 10:32
-
Fatima aims to bring fearless approach to Women’s T20 World Cup
2025-01-16 10:08
User Reviews
Recommended Reads
Hot Information
- Sweet Bonanza: A Craving That Turns into a Delightful Adventure
- Gold hits Rs275,500 per tola amid economic uncertainty
- Biden welcomes UAE leader to White House for talks on Lebanon, Gaza ceasefire
- Govt saves Rs11.5bn in historic T-bills buyback
- Triple Chance: Understanding the Popular Slot Game
- Wildlife department seizes ‘marsh crocodile’ in Kasur
- 2 colleagues killed in Israeli strikes on Lebanon: UNHCR chief
- ECP suspends Sindh election commissioner over strong room intrusion
- Sweet Bonanza: Candy Land – A Delightful Adventure in Online Gaming
Abont US
Follow our WhatasApp account to stay updated with the latest exciting content