Europa League
Olympiacos “kicked” the 40 million of the Champions League groups: this money is now hunting in Europe
Olympiacos have lost the Champions League ‘gold’ but can still find one as long as they at least qualify for the Europa League groups.
The painful elimination of Olympiakos from Champions League qualification deprives him of the opportunity to chase an amount that would exceed 40,000,000 euros should he manage to reach the ‘golden’ groups. The European presence of the Greek champions does not end with the exclusion of Maccabi Haifa as they continue in the Europa League, which also offers tens of millions after the reformation for the 2021-2024 cycle.
Participation in each qualifying round of UEFA competitions brings 100,000,- money that Olympiacos has already secured for the games with Maccabi and the following ones with Slovan. If he manages to qualify for the Europa League playoffs, he will not receive a participation bonus as he will continue in the Europa Conference League groups in the event of elimination.
The goal of Piraeus is of course to get into the Europa League groups, which goes into the team coffers with a participation bonus of 3,630,000 euros. Each group win is rewarded with 630,000 and each draw with 210,000.
If Olympiacos qualify as group winners, they secure a bonus of 1,100,000. If he finishes 2nd, he will receive 550,000 and another 500,000 to qualify for the Round of 16 Playoffs.
From there, reaching the last 16 nets 1,200,000, reaching the quarterfinals nets 1,800,000, reaching the semifinals nets 2,800,000 and reaching the final nets 4,600,000. Winning the trophy at Puskas Arena in Budapest equals another 4,000,000.
In addition to money linked to competitive performance, Olympiacos are also chasing money linked to the team’s historic performance over the past decade. The 32 group teams will receive shares worth 132,000 each. The team with the worst ten-year rate gets just one share, the 31st team gets two shares, and so on.
The team with the highest rate gets 4,224,000 shares out of 32. Olympiacos are expected to be very high in this ranking, just like last year when they finished 4th and consequently won 3,828,000.
The last source of income is the market pool, which has been divided into two for two years. The first concerns the distribution among all teams of a country participating in the same event, which does not concern Olympiacos as they are the only team in the tournament to receive 100%.
The second part refers to the round in which the Greek team will complete its course. In this case, sales are estimated to be around 2,000,000 in a run reaching at least the knockout round.
Cumulatively, the guaranteed income for Olympiakos in the event of qualifying for the Europa League groups is close to 8,000,000 and from there it all depends on their performance in the competition and whether they reach the knockout stages, the total amount exceeded can be 20,000,000.
UEFA COMPETITION BONUSES IN THE EUROPA LEAGUE
- Participation in each qualifier (excluding playoffs): 100,000
- Join the groups: 3,630,000
- Victory in the groups: 630,000
- Draw the groups: 210,000
- First place in the group: 1,100,000
- Second place in the group: 550,000
- Participated in the round of 16 playoffs: 500,000
- Participation in the round of 16: 1,200,000
- Participation in the quarterfinals: 1,800,000
- participation in the semifinals: 2,800,000
- participation in the final: 4,600,000
- Win a trophy: 4,000,000
Source: sport 24
I am a sports writer and journalist who has written for various online publications including Sportish. I’m originally from the UK but currently live in Toronto, Canada. I’m also an author on Sportish and have written several articles on a variety of sports-related topics.
