Berliner Boersenzeitung - UEFA on verge of 40% leap in European club TV revenues

EUR -
AED 4.232438
AFN 81.7399
ALL 97.895927
AMD 444.690649
ANG 2.06248
AOA 1056.812299
ARS 1342.051944
AUD 1.776305
AWG 2.07444
AZN 1.963769
BAM 1.955319
BBD 2.326228
BDT 140.905351
BGN 1.956255
BHD 0.434593
BIF 3431.056288
BMD 1.152467
BND 1.480136
BOB 7.961042
BRL 6.353668
BSD 1.152117
BTN 99.741473
BWP 15.528182
BYN 3.770473
BYR 22588.345428
BZD 2.314331
CAD 1.581934
CDF 3315.646835
CHF 0.942631
CLF 0.028263
CLP 1084.563727
CNY 8.284511
CNH 8.272986
COP 4705.142985
CRC 581.656968
CUC 1.152467
CUP 30.540365
CVE 110.237892
CZK 24.820447
DJF 205.169548
DKK 7.460613
DOP 68.323199
DZD 150.345929
EGP 58.324658
ERN 17.286999
ETB 158.433541
FJD 2.603941
FKP 0.856615
GBP 0.85647
GEL 3.135159
GGP 0.856615
GHS 11.867082
GIP 0.856615
GMD 82.4058
GNF 9982.545249
GTQ 8.854823
GYD 241.040727
HKD 9.046752
HNL 30.090601
HRK 7.536214
HTG 151.212816
HUF 402.706852
IDR 18944.591768
ILS 4.021003
IMP 0.856615
INR 99.807354
IQD 1509.328849
IRR 48547.656077
ISK 143.033075
JEP 0.856615
JMD 183.664836
JOD 0.817144
JPY 168.33969
KES 148.913382
KGS 100.783647
KHR 4617.864447
KMF 492.683845
KPW 1037.219942
KRW 1582.533008
KWD 0.35307
KYD 0.960164
KZT 602.06195
LAK 24856.887583
LBP 103230.815094
LKR 346.214864
LRD 230.423338
LSL 20.801885
LTL 3.402935
LVL 0.697116
LYD 6.280456
MAD 10.515714
MDL 19.811128
MGA 5148.733904
MKD 61.519872
MMK 2419.838955
MNT 4129.300049
MOP 9.315509
MRU 45.542801
MUR 52.575963
MVR 17.753793
MWK 1997.80873
MXN 22.09786
MYR 4.900869
MZN 73.712199
NAD 20.801885
NGN 1786.450441
NIO 42.399574
NOK 11.64654
NPR 159.586757
NZD 1.930754
OMR 0.443128
PAB 1.152117
PEN 4.137283
PGK 4.816816
PHP 65.888865
PKR 326.91661
PLN 4.268679
PYG 9195.738728
QAR 4.202067
RON 5.030175
RSD 117.20118
RUB 90.368278
RWF 1663.690891
SAR 4.323762
SBD 9.612065
SCR 16.999311
SDG 692.060432
SEK 11.137887
SGD 1.482116
SHP 0.905658
SLE 25.873303
SLL 24166.652664
SOS 658.438087
SRD 44.773754
STD 23853.731871
SVC 10.081521
SYP 14984.198484
SZL 20.797886
THB 37.818235
TJS 11.377302
TMT 4.033633
TND 3.410561
TOP 2.699196
TRY 45.655315
TTD 7.830075
TWD 34.101261
TZS 3058.947791
UAH 48.287326
UGX 4152.978764
USD 1.152467
UYU 47.108416
UZS 14469.441901
VES 118.193176
VND 30112.223648
VUV 138.188848
WST 3.179206
XAF 655.795737
XAG 0.032012
XAU 0.000342
XCD 3.114599
XDR 0.815599
XOF 655.795737
XPF 119.331742
YER 279.707783
ZAR 21.404421
ZMK 10373.586524
ZMW 26.643448
ZWL 371.093776
  • CMSC

    0.0900

    22.314

    +0.4%

  • CMSD

    0.0250

    22.285

    +0.11%

  • RBGPF

    0.0000

    69.04

    0%

  • SCS

    0.0400

    10.74

    +0.37%

  • RELX

    0.0300

    53

    +0.06%

  • RIO

    -0.1400

    59.33

    -0.24%

  • GSK

    0.1300

    41.45

    +0.31%

  • NGG

    0.2700

    71.48

    +0.38%

  • BP

    0.1750

    30.4

    +0.58%

  • BTI

    0.7150

    48.215

    +1.48%

  • BCC

    0.7900

    91.02

    +0.87%

  • JRI

    0.0200

    13.13

    +0.15%

  • VOD

    0.0100

    9.85

    +0.1%

  • BCE

    -0.0600

    22.445

    -0.27%

  • RYCEF

    0.1000

    12

    +0.83%

  • AZN

    -0.1200

    73.71

    -0.16%

UEFA on verge of 40% leap in European club TV revenues
UEFA on verge of 40% leap in European club TV revenues

UEFA on verge of 40% leap in European club TV revenues

Television rights of European club competitions will jump more than 40 per cent from 2024, two sources with knowledge of the negotiations said Friday, a rise linked to the expansion of UEFA's flagship Champions League.

Text size:

The sources said that global deals had been agreed worth 15 billion euros (17.10 billion dollars, 12.57 billion pounds) for the three seasons to 2027, or 5 billion euros a season. The total for this season is expected to be 3.6 billion and for the last pre-pandemic season, 2018-19, was 3.2 billion.

The increase will strengthen UEFA's campaign to discourage any re-emergence of plans for a breakaway super league on the lines of the short-lived rebellion by 12 clubs in April 2021.

Three of those clubs, Real Madrid, Barcelona and Juventus, are continuing to fight for a super league in the courts.

According to a UEFA statement released on Monday, the success of the bidding process proved that the new Champions League format, which is to expand the competition from 32 to 36 clubs in 2024 and use the 'Swiss model' to offer more group match days (10 compared to the current six), "holds significant commercial potential."

Under the Swiss model, the 36 teams compete in one huge group. After 10 rounds, against opponents drawn before the start, the top 16 will advance to the first knockout round. One result is the total number of Champions League games in a season will increase from 125 to 225.

The plan has also drawn criticism because at least two of the extra four clubs will qualify on the basis of past performance.

"We are delighted that our tender has attracted so much interest," UEFA president Aleksander Ceferin said in the statement, adding that the agreements "can generate more revenue for Europe's clubs, especially at this crucial time when there is a need for financial stability."

- 'Untapped sources of revenue' -

UEFA used existing intermediary TEAM Marketing and added another, Relevent Sports, for the negotiations.

UEFA also gave a greater role to the European Club Association (ECA), which represents leading clubs across the continent.

Ceferin thanked ECA, which is led by Nasser Al-Khelaifi, president of Paris Saint-Germain for its "valuable collaboration", a sign of UEFA's desire to include more clubs in the management of European soccer.

"Nasser had a driving role, he worked with Ceferin as the boss of the ECA," a source close to the negotiations told AFP.

The Qatari, who is also the head of media giant beIN which broadcasts the Champions League in France, some Asian countries, the Middle East and North Africa, wrote to the 230 ECA member clubs on Tuesday in a letter, which AFP has obtained.

"We have been able to achieve a level of commercial success never seen before for European club competitions. And beyond that, there are other untapped sources of revenue that we are actively studying," wrote Al-Khelaifi.

In addition to the lucrative Champions League, UEFA runs the Europa League and the Europa Conference League as well as the European Supercup, and the Youth League for club under-19 teams.

(O.Joost--BBZ)