Swiftly Gathers Nearly 1 Million Euros from UEFA
In an unprecedented move, UEFA generously disbursed a staggering €233 million across a whopping 901 European football clubs as part of the distribution program for the upcoming EURO 2024 tournament.
Europe's top leagues saw significant financial boosts, with Austria's premier clubs reaping the benefits. Champions Sturm Graz pocketed €1.072 million, Red Bull Salzburg took home €967,737, and Rapid walked away with €953,469. Other notable Lynxes in the Austrian Bundesliga included LASK (€237,755), WAC (€214,222), TSV Hartberg (€201,665), Wiener Austria (€91,475), and WSG Tirol (€7,318).
Clubs from the 2. Liga, such as SKN St. Pölten (€36,590), and lower league teams, like FC Rot-Weiss Rankweil (€51,226), FC Dornbirn (€47,567), FC Höchst (€14,636), and FC Nenzing (€10,977), also received generous allocations.**
UEFA president Aleksander Ceferin expressed his approval, stating, "It's frickin' awesome that even the smallest clubs at the grassroots level are getting financial support for their crucial role in cultivating future football stars and feeding the success of national team competitions." A whopping €93 million was allocated for the release of players during the Nations League 2020/21 and 2022/23, as well as the Euro qualifiers. The monumental sum for the EURO tournament itself amounted to €140 million.
UEFA's distribution model operates on a structured system that compensates clubs for relinquishing their players to national teams, particularly during major events like the UEFA European Championship (EURO), UEFA Nations League, and European Championship qualifiers.
While details for EURO 2024's club distribution program are still vague, UEFA historically follows a principle where clubs receive payments for each day their players are engaged in the tournament or qualifying matches.
To put things into perspective, the €233 million funds distributed to 901 clubs across all UEFA member associations were meant for releasing players to participate in the 2020/21 and 2022/23 Nations League as well as the EURO qualifiers.
The system is designed to financially support clubs and acknowledge their role in developing players and contributing to the success of national team competitions.#winner #victory #football #europe #money #success
- The European football industry received a significant financial boost due to UEFA's generosity, with clubs from the premier league in Austria receiving millions for their participation in the upcoming EURO 2024 tournament.
- Clubs from various European leagues, including those in the 2. Liga and even lower leagues, also received generous allocations as part of UEFA's distribution program, acknowledging their crucial role in developing future football stars.
- UEFA President Aleksander Ceferin lauded this move, stating that even the smallest clubs at the grassroots level are getting financial support, contributing to the success of national team competitions.
- The European sports-analysis scene is abuzz with discussions about how UEFA's distribution model compensates clubs for relinquishing their players to national teams, particularly during major sports events like the UEFA European Championship (EURO), UEFA Nations League, and European Championship qualifiers.
