Juventus, Lazio And Atalanta Score Big Payday Advancing To UEFA Champions League Round Of 16
~ Original article here!
The list of the best 16 European clubs of the 2020/21 season is complete.
Three Italian clubs will feature in the UEFA Champions League Round of 16 - Juventus, Lazio, and Atalanta - while Inter failed to qualify after tying at home against Shakhtar Donetsk on Wednesday night.
Juventus, Lazio, and Atalanta will financially benefit from advancing to the next stage of the UEFA Champions League, a tournament that every year distributes €2 billion among its participants.
UEFA allocates this sum to the participating clubs according to four criteria: starting fees, performance-related bonuses, coefficient ranking, and market pool.
Starting fees are fixed amounts that UEFA gives to each of the 32 clubs that enter the UEFA Champions League group stage. This amount is currently set at €14.5 million.
Performance-related bonuses award clubs as they progress through the tournament. In the group stage, clubs receive €2.7 million for each victory and €900 thousand for draws. Advancing to the Round of 16 pays €9.5 million.
The UEFA coefficient ranking allocates a total of €585.1 million to clubs according to how they have performed over the last 10 years. This amount is split up into 32 shares of €1.1 million each and distributed among the 32 clubs featuring in the UEFA Champions League group stage. The club with the lowest ranking gets one share, the club with the highest ranking gets 32 shares.
The revenue coming from the market pool, which UEFA estimates to be around €292 million, is shared with clubs according to their television market value. (Because UEFA will adjust these amounts to the financial losses caused by the coronavirus pandemic, the clubs’ shares of the market pool revenue is not included in the analysis below.)
Juventus: €68.3 million
Juventus have collected €68.3 million, the largest money of the three Italian clubs that qualified to the Round of 16.
The biggest difference-maker for the Bianconeri is their 10-year coefficient ranking, which earned them €30.8 million worth of shares.
Another €14.5 million came from making it to the group stage of the 2020/21 UEFA Champions League edition, while group stage performances account for the remaining amount: €13.5 million from five wins (€2.7 million each) and €9.5 million from advancing to the Round of 16.
The impressive 3-0 win at Camp Nou on Tuesday night against Barcelona qualified Juventus as first in Group G.
Lazio: €45.1 million
Twenty years after the last time, Lazio are back among the best 16 European clubs, an achievement that is worth €9.5 million alone.
The Biancocelesti also collected another €9 million from a group stage record (2-4-0) that saw them going undefeated throughout all six UEFA Champions League matches played so far.
Lazio were ranked 22nd out of the 32 clubs participating in the 2020/21 UEFA Champions League, which translates into €12.1 million worth of bonus.
All in all, Lazio have so far collected €45.1 million, which accounts for a little more than half of their annual wage bill.
Atalanta: €39.4 million
Atalanta’s progression in the 2020/21 UEFA Champions League have contributed to a total of €39.4 million.
This amount is just shy of what the Bergamo-based club spends annually on players’ wages, an expense that, according to a Gazzetta Dello Sport report, adds up to €42.6 million.
Atalanta made €14.5 million from entering the group stage phase and €9.5 million from advancing to the Round of 16.
They collected another €9.9 million thanks to their group stage results, which saw them winning three games and drawing two.
The remaining €5.5 million came from Atalanta being ranked 28th among the 32 clubs that featured in the 2020/21 UEFA Champions League.
The highly-anticipated draw for the UEFA Champions League Round of 16 will take place on Monday, Dec. 14 at 6 a.m. EST.