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Europa League set for cash boost from European Club Association

ByPA Sport

Published 12/10/2016 at 15:40 GMT

The European Club Association is to inject 60million euros (£54million) into the Europa League each year from 2018.

The Europa League is to receive a cash boost from the European Club Association

Image credit: PA Sport

The organisation, which represents a number of Europe's leading clubs, has announced it is to make the solidarity payment following consultation with governing body UEFA.
Among the stated objectives when the ECA signed a memorandum of understanding with UEFA in 2015 was to reduce the disparity in financial rewards between the Champions League and the second-tier competition.
A statement read: "With a view to strengthening unity and solidarity in European club football, it was decided to allocate an extra amount of €50million to the Europa League and €10million to the qualifying phase."
ECA chairman Karl-Heinz Rummenigge said: "I am pleased that within ECA we manage to reach quick and simple decisions for the good of football.
"ECA is a strong and reliable partner of UEFA. Solidarity is a key pillar of the European club football model, which has always been supported by ECA and its member clubs."
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