Both Champions League and Europa League made amendments to their qualification format for 2018-21 club competitions cycle. But those were not the only changes. Financial side of Europe's most important football tournaments changed as well. Here is the main news in terms of revenue distribution.

1. Gross revenue of UCL and UEL combined went up again. Now it is about €3,2 bn euros. There will be roughly €2 bn to be distributed among UCL group stage participants and €0,5 bn for UEL group stage participants after deduction of competition running costs, money for UEFA, solidarity payments to those eliminated in qualification and solidarity to leagues.

2. Distribution will now depend on four aspects: participation bonus (a fixed payment for qualification to the group stage), performance bonus (paid for wins, draws and qualification to knockout stages), market pool (depends on the size of media market in of country a club represents) and club coefficient. Previous scheme did not include club coefficient while market pool amounted to 40%.

3. In UCL the percentage of these aspects in the total revenue mix of a club is 25% (participation bonus) + 15% (market pool) + 30% (performance) + 30% (coefficient). In UEL the split is 25% (participation bonus) + 30% (market pool) + 30% (performance) +.15% (coefficient).

4. All UCL play-off round losers will get a €5m consolation bonus and a spot in UEL group stage.

5. Qualification for UCL Group Stage will bring the clubs participation bonus of €15,25 mln (up from €12,7 mln in the previous cycle). UEL GS participants will receive €2,9 mln (previously €2,6 mln).

6. A bonus for one win in UCL GS is now €2,7 mln (substantial increase from €1,5 mln in 2017/18). A draw will bring €0,9 mln (€0,5 mln before).

7. A bonus for one win in UEL GS is up from €0,36 mln to €0,57 mln. A draw will bring to a club €0,19 mln instead of €0,12 mln.

8. Coefficient bonus will be paid depending on the place in coefficient table for group stage participants. The whole coefficients pool will be divided into 528 shares for the UCL and 1176 for UEL. Thus the club with the highest coefficient will get 32 shares in UCL and 48 for UEL. The last team of the table gets 1 share. Such a share will equal about €1,1 mln for UCL and €70 000 for UEL.

9. Market pool is distributed depending on the quantity of teams representing each country. 1 team takes the whole 100% of the pool. If there are four teams in the GS the distribution is 40% — 30% — 20% — 10%. For three teams it is divided on a 45% — 35% — 20% principle, for two teams — 55% — 45%. Thus a team eliminated in a qualifying round can be great news for other representatives of the same country in terms of revenues.

10. Teams qualified for UCL play off stage and UЕL GS do not get any prize money for qualification rounds.

Alexei Belov, @alextazy