Europa League
The money Olympiacos are chasing in the Europa League
Olympiacos’ primary goal is to qualify for the Europa League groups. Such a qualification has great financial benefits and can bring in at least 9,500,000 euros.
In a sensational game decided on penalties (2-2 after regular time and extra time), Olympiacos with heroes Vačlik and Valbuena defeated Slovan 4-3 in Bratislava and qualified for the Europa League play-offs.
We remind you that Carlos Corberan’s players will face Apollon Limassol in the playoffs the sums that await him in the Europa League groups are not small at all.
The Fixed Deposit
Olympiacos, just out of qualifying for the Europa League groups, will put the amount in his coffersall of them 3,630,000 euros. This amount is paid in two installments. First, a deposit of 3,400,000 will be paid, the remaining 230,000 will be paid out at the end of the season.
The red and white can emerge from the groups with more wins. How is that done; A win is endowed with 630,000 euros, a tie with 210.00 euros. If Olympiacos finishes first in the group he will receive €1,100,000, if he finishes second in the group he will receive €500,000.
Of course, if the Piraeus manage to qualify for the knockouts, they will have other bonuses that increase the “bill”. Let’s see them in detail.
- Qualification for the knockout playoffs: 500,000 euros
- Reaching the round of 16: 1,200,000 euros
- Reaching the quarterfinals: 1,800,000 euros
- Reaching the semi-finals: 2,800,000 euros
- Advance to the final: 4,600,000 euros
- The winner will receive: 4,000,000 euros extra
However, we also need to look at the totals that await if they finish 3rd in the Europa League groups and find themselves in the Conference League knockout rounds.
- Qualification for the knockout playoffs: 300,000 euros
- Reaching the round of 16: 600,000 euros
- Reaching the quarterfinals: 1,000,000 euros
- Entry into the semi-finals: 2,000,000 euros
- Advance to the final: 3,000,000 euros
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The winner will receive: 2,000,000 euros extra
The Market Pool and the “Share” System
UEFA offers different amounts to the teams participating in the European competitions and their size is determined during the competitions or even after they have ended.
One such source of income is the market pool. In total, the amount of 139,500,000 euros will be shared among the Europa League teams and Olympiacos will receive a share representative of the Greek operators’ TV deal, in this case Cosmote TV. Last year the red and white waited 3,000,000 euros.
Another source of income for European competitions is the share system that UEFA introduced a few years ago. The European Confederation ranks the 32 Europa League sides according to their presence in European competitions over the last ten years and according to their placement they also receive the corresponding shares.
This year, each share is worth 132,000. As a result, the 32nd team collects 132,000, the 31st team collects two shares, or 264,000, and so on. The top-placed team collects 4,224,000. Last year, Olympiacos received an amount of €3,828,000 according to their ranking. This year, too, further waiting times are to be expected 3,000,000 euros.
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.
