Today in Sports
  • Home
  • Featured News
  • Football
  • Basketball
  • Baseball
  • More
    • Rugby
    • Golf
    • Boxing
    • Soccer
    • NBA
    • Racing
    • Cricket
  • DMCA
  • Disclaimer
  • Cookie Privacy Policy
  • Privacy Policy
  • Terms and Conditions
  • Contact us
No Result
View All Result
  • Home
  • Featured News
  • Football
  • Basketball
  • Baseball
  • More
    • Rugby
    • Golf
    • Boxing
    • Soccer
    • NBA
    • Racing
    • Cricket
No Result
View All Result
Today in Sports
No Result
View All Result

UEFA raises solidarity funds to golf equipment not in Euro tournaments

September 25, 2024
in Soccer
0
Home Soccer
Share on FacebookShare on Twitter


UEFA has formally introduced that they’re boosting solidarity funds to males’s golf equipment that don’t qualify for his or her tournaments. The governing physique of the game in Europe at the moment runs three membership competitions every year. This consists of the Champions League, Europa League, and Convention League. Additionally they management nationwide staff tournaments such because the European Championship and the Nations League as effectively.

You might also like

Germany ´incredibly bitter´ as Sweden inflict worst tournament loss since 1991

Sweden secure top spot in Group C by thrashing Germany

Chelsea star exits FIFA Club World Cup 2025 squad ahead of PSG final for $70 million transfer deal

Because the governing physique, UEFA controls funds put aside for event prize cash and media rights offers. However, the group additionally allocates sure cash to golf equipment that fail to qualify for these competitions. These collective funds for the complete continent have been just below $200 million through the 2022/23 season.

UEFA officers, nonetheless, have now claimed that this determine has elevated to almost $350 million. “Final yr, the UEFA Government Committee accredited a major improve within the distribution of solidarity for golf equipment not collaborating in UEFA’s males’s membership competitions for the 2024-27 cycle, which is able to see the share allotted to non-participating golf equipment rise from 4% to 7% of the projected income threshold of $4.9 billion,” said the governing physique.

“This interprets to $342 million – a rise of practically 80% in comparison with the earlier cycle.”

Funds are nonetheless a fraction of what Champions League golf equipment earn

A number of Scottish golf equipment acquired extra solidarity funds from UEFA through the 2024/25 marketing campaign. Dundee, Hibernian, Kilmarnock, Motherwell, Ross County, St. Johnstone, and St. Mirren will now earn over $2.1 million every from UEFA.

Whereas the funds are a pleasant increase, they don’t seem to be wherever close to what Celtic will obtain this season. The Bhoys beforehand certified for the Champions League by successful yet one more Scottish Premiership title in Could. Because of this, Celtic has reportedly already grabbed $20 million only for that includes within the event. They’ll additionally earn additional money every time they win a Champions League match.

Solidarity funds to Irish golf equipment are additionally practically doubling as effectively. The highest 20 groups within the nation, from each the Premier and First Divisions, will now cut up practically $4 million. That is, after all, excluding reigning Irish champions Shamrock Rovers. As a UEFA Convention League membership, Rovers are set to earn at the least this determine all by themselves.

UEFA caps solidarity funds despatched to the most important leagues

Together with growing solidarity funds, UEFA additionally introduced that they’re capping funds awarded to the highest 5 leagues. That is excellent news for golf equipment exterior of the normal powerhouses. England, Spain, Italy, Germany, and France are the highest 5 soccer divisions in Europe.

“A cap to the distribution to the highest 5 federations has been confirmed, as they’ll obtain $11 million every,” UEFA continued.

“The funds accessible to the remaining 50 associations will due to this fact improve from the present $150 million to a complete of $287 million. 70% of those quantities might be distributed based mostly on their place within the UEFA entry checklist. 30% might be proportional to the quantities acquired by the highest incomes membership of every affiliation, an revolutionary idea expressly concentrating on aggressive stability in home leagues.”

Actual Madrid beforehand raked in $92 million by beating Borussia Dortmund within the Champions League closing final season. This determine, nonetheless, rose resulting from UEFA’s construction of rewarding perpetually profitable golf equipment. Official figures pertaining to broadcast revenues from the event additionally needed to consider.

PHOTOS: IMAGO.

Loading…



Source link

Tags: clubsEuroEuropepaymentsraisessolidarityTournamentsUEFAUEFA Champions LeagueWorld Soccer News
Share30Tweet19

Recommended For You

Germany ´incredibly bitter´ as Sweden inflict worst tournament loss since 1991

by TODAY IN SPORTS
July 12, 2025
0
Germany ´incredibly bitter´ as Sweden inflict worst tournament loss since 1991

Germany forward Klara Buhl said the team are “incredibly bitter” after Sweden inflicted their heaviest tournament defeat in 34 years at Euro 2025. Germany, who are among the...

Read more

Sweden secure top spot in Group C by thrashing Germany

by TODAY IN SPORTS
July 12, 2025
0
Sweden secure top spot in Group C by thrashing Germany

Sweden secured top spot in Group C at Women’s Euro 2025 after an impressive 4-1 win over Germany, who finished in second.Germany opened the scoring early through Jule...

Read more

Chelsea star exits FIFA Club World Cup 2025 squad ahead of PSG final for $70 million transfer deal

by TODAY IN SPORTS
July 12, 2025
0
Chelsea star exits FIFA Club World Cup 2025 squad ahead of PSG final for  million transfer deal

Chelsea are already gearing up for the FIFA Club World Cup 2025 final, set for Sunday against red-hot Paris Saint-Germain. But just days before kickoff at MetLife Stadium,...

Read more

Juventus & Miretti expected to part ways as two Serie A giants lurk

by TODAY IN SPORTS
July 12, 2025
0
Juventus & Miretti expected to part ways as two Serie A giants lurk

Juventus midfielder Fabio Miretti is expected to embark on another experience outside Turin this season, and he reportedly has a couple of prestigious suitors.The 21-year-old is a Bianconeri...

Read more

Could Rodrigo de Paul step in for Sergio Busquets and link up with Lionel Messi at Inter Miami? Javier Mascherano offers diplomatic take

by TODAY IN SPORTS
July 12, 2025
0
Could Rodrigo de Paul step in for Sergio Busquets and link up with Lionel Messi at Inter Miami? Javier Mascherano offers diplomatic take

As the 2025 MLS season heads into a critical phase, speculation is intensifying around the future of Inter Miami’s roster—and whether one of Lionel Messi’s most trusted Argentina teammates...

Read more
Next Post
Right here we go! Barcelona agrees deal to convey Wojciech Szczesny out of retirement

Right here we go! Barcelona agrees deal to convey Wojciech Szczesny out of retirement

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related News

Seavey Romps To ,000 USAC Triumph

Seavey Romps To $10,000 USAC Triumph

February 12, 2025
Milan’s surprise hero – It’s not Santiago Gimenez, Christian Pulisic, Joao Felix, Rafael Leao: Unexpected player shatters post-Zlatan Ibrahimovic goalscoring record

Milan’s surprise hero – It’s not Santiago Gimenez, Christian Pulisic, Joao Felix, Rafael Leao: Unexpected player shatters post-Zlatan Ibrahimovic goalscoring record

April 9, 2025
RB confirms Hadjar for 2025

RB confirms Hadjar for 2025

December 21, 2024

Browse by Category

  • Athletics
  • Baseball
  • Basketball
  • Boxing
  • Cricket
  • Football
  • Golf
  • MMA
  • NBA
  • NFL
  • Racing
  • Rugby
  • Soccer
  • Tennis
Today in Sports

Get the Latest Sports News and Updates on TodayInSports.net. Soccer News, Basketball News, Baseball News, Golf News, Boxing News and More!

CATEGORIES

  • Athletics
  • Baseball
  • Basketball
  • Boxing
  • Cricket
  • Football
  • Golf
  • MMA
  • NBA
  • NFL
  • Racing
  • Rugby
  • Soccer
  • Tennis

Recent News

  • Paul Peterson leads as ISCO Championship suspended by darkness
  • Bangladesh Playing 11 vs Sri Lanka- 2nd T20I, Bangladesh Tour of Sri Lanka 2025
  • Boxing Results: Subriel Matias Grinds Out Grueling Majority Decision Over Alberto Puello
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Get the Latest Sports News and Updates on TodayInSports.net.
  • Privacy Policy
  • Terms and Conditions

Copyright © 2024 Today in Sports.
Today in Sports is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Featured News
  • Football
  • Basketball
  • Baseball
  • More
    • Rugby
    • Golf
    • Boxing
    • Soccer
    • NBA
    • Racing
    • Cricket

Copyright © 2024 Today in Sports.
Today in Sports is not responsible for the content of external sites.