Benfica secure Champions League spot and earns €37M

The Portuguese club drew 0-0 with PSV and is in the group stage of the Champions League. This sporting achievement allows Benfica to earn around €37 million.

Benfica drew 0-0 against PSV on Tuesday, but the 2-1 win in the first leg of the playoff was enough for the Portuguese club to reach the Champions League group stage. Besides the sporting achievement, the ‘eagles’ are still rewarded with a substantial prize of many millions.

The club led by Rui Costa thus joins FC Porto and Sporting CP in Europe’s most important competition, and also receives approximately €37 million for securing a place in the group stage. To this value will also add the money from the broadcasting rights of the games, the so-called market pool, in which UEFA will distribute this season a total of €300 million between 32 clubs.

To explain this figure of €37 million, it is necessary to look at all the variables related to the prizes that the body that governs European football distributes to the teams in this particular competition. In this edition, whoever reaches the group stage is automatically rewarded with €15,64 million, a value to which another amount is added according to a 10-year club ranking – in this case, Benfica receives a total of €21,60 million, considering the 14th place it currently occupies.

Last season, the team coached by Jorge Jesus failed to reach the Champions League after losing against the Greek side PAOK Thessaloniki (2-0) in the 3rd knockout stage of the competition. This elimination relegated Benfica to the group stage of the Europa League.