Champions League Final: Funny money

Klaas-Jan Huntelaar likes it.

The teams are preparing, the clock is ticking and on the 19th of May, all eyes will be on Bayern Munich as they take on Chelsea in the Champions League final.

The Bavarians with the in form Manuel Neuer face a relatively weakened Chelsea side at their home ground. The chances of them beating Chelsea are huge. However, the chances of them pocketing any of the €9 million prize are nil. The prize money will go into the coffers of their Bundesliga rivals Schalke and Hoffenheim.

UEFA will pay Bayern Munich a €9 million prize if they win the title. Unfortunately for the German club, this is exactly the amount they will owe to Schalke and Hoffenheim as a part of  “success” clauses in the deals to bring Luiz Gustavoto and star goalkeeper Manuel Neuer to the club.

According to Eurosport:

Schalke are already due €2 million for Bayern having reached the semi-finals, but they will be due a further €4 million from the Bavarian giants if they lift the trophy in two weeks’ time.

And it doesn’t stop there. Hoffenheim struck a smaller but otherwise almost identical deal with Bayern after they sold Luiz Gustavo for €17 million in January 2011.

Hoffenheim have already picked up a €1 million bonus for the Munich side making the semi-finals, and they’ll be due another €2 million if their rivals win the trophy.

That means that Bayern’s entire €9 million prize money would be wiped out at a stroke – and also means that, financially speaking, they’d be better off pocketing the €5.6 million offered to the runner-up.

But fear not Bayern fans, €9 million is only the prize money for winning the final. Last year’s finalists, Barcelona and Manchester United, got a significant boost from being in the Champions League. They earned about €50 million each from performance payments and TV revenue. And there is also the money made from merchandising and other indirect revenue streams. Phew! Not all is lost financially if they win.

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1 Comment »

  1. satindra21 said

    Runners-up prize for Bayern is strongly recommended 🙂

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