Advert

Porto want better spread of wealth

More of the money generated by the Champions League should be allocated to clubs not in the tournament in order to stop domestic competitions becoming unbalanced, the vice-president of Porto has said.

Fernando Gomes, whose Porto team were European champions in 1987 and 2004, told delegates at the Soccerex business convention that Champions League organiser UEFA should reconsider the way it distributes revenue.

"I think the way Champions League money is distributed must be analysed and changed in order to give the opportunity to the clubs that are not in the Champions League more money to balance the domestic competition," said Gomes.

"If clubs not in the Champions League get more money, then they can get better players and you can increase the quality of the competition. If you cannot do this then the quality decreases and the gap in the league increases."

The most successful teams in Europe's elite club event can earn up to €40 million ($55 million) a season.

UEFA distributes around 6.5 per cent of its annual Champions League revenue in so-called "solidarity payments" to its 53 member associations, with a minimum of €413 million shared among the 32 teams competing in the competition proper.

Gomes said the financial disparity created by the Champions League had a big impact on Europe's smaller leagues like Hungary.

"For example Debrecen of Hungary made 50 per cent of its total revenue from reaching the group stage of the competition," he said.

"There are other examples of the same percentages like APOEL Nicosia or Unirea (Urziceni) of Romania. This money seriously unbalances those leagues."

The Champions League generated €45 million in its first season in 1992-93, with that figure now standing at €1.15 billion.

Guillaume Sabran, UEFA's marketing manager, told delegates that clubs expected that figure to rise season by season.

"We are continually looking at ways to maximise revenue for the clubs both in the competition and out of it," he said.

"But it is for the policymakers to decide how that money is allocated."

Advert

0 Comments

Post comment

Comments are submitted under the express understanding and condition that the editor may, and is authorised to, disclose any/all of the above personal information to any person or entity requesting the information for the purposes of legal action on grounds that such person or entity is aggrieved by any comment so submitted.

At this time your comment will not be displayed immediately upon posting. Please allow some time for your comment to be moderated before it is displayed.

Your User Profile is incomplete.
Please click here to complete your profile before posting comments.

Advert
Advert