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Clubs to share UEFA €40m surplus

eirebhoy · 2006-12-08 16:57:40

source So €1m that the likes of Celtic weren't expecting aswell as €100k for Derry.

08-12-2006 4:57pm

#1

eirebhoy

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There was good news for teams competing in UEFA's club competitions with the announcement that a surplus of €40m generated by the UEFA Champions League would be shared among the clubs. The Executive Committee approved a redistribution process that will see all 32 teams in this season's UEFA Champions League group stage collect an addition €1m with the remaining €8m going to the clubs who entered the UEFA Cup first round. "That means the 80 clubs in the first round will get 100,000 euros each as an additional support. It shows the success of the European club competition," said Olsson.

source

So €1m that the likes of Celtic weren't expecting aswell as €100k for Derry.

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#2 08-12-2006 5:16pm

MrJoeSoap

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Good news for Derry, a nice random surprise in the off-season.

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