Uefa distributes 30 per cent of annual revenue according to historic performance, on top of the 15 per cent assigned to market pool. In all that is £781 million. The remaining £1.04 billion is divided between £434 million that is split equally between the clubs, and £520 million paid in prize money.
PSG are ranked fourth overall by Uefa for their co-efficient although the club have only reached the Champions League final once in 2020 and, beyond that season, only made it past the quarter-finals on one other occasion.
The huge disparity in guaranteed earnings is likely to see Newcastle United’s payments dwarfed by those of its English rivals, including Arsenal, largely because of the Uefa coefficient payments. The percentage of the total allocated according to the Uefa coefficient and the market pool, will come down 10 per cent to 35 per cent from next season.
Arsenal – back in the Champions League for the first time since 2017 – are projected to get a guaranteed £46.5 million from the group stages, before prize money. Although less than City and Manchester United, Arsenal’s take will be the ninth highest of all club allocations.
Newcastle, who return to the Champions League for the first time since 2002-03, will earn around half of what Arsenal get – just £23.6 million – before prize money payments. Manchester United are projected to have guaranteed earnings of £46.9 million.
As fourth place finishers in last season’s Premier League, Newcastle earn 10 per cent of that half share of the £400 million per year deal agreed with BT Sport, now TNT Sport. That is compared to 40 per cent for champions City, 30 per cent for Arsenal and 20 per cent for Man Utd.
For Newcastle – out of any Uefa competition since they reached the Europa League quarter-finals 10 years ago – it is the Uefa coefficient in which they find themselves most severely punished.
They are currently ranked 79th by Uefa, below the likes of Belgium’s Royale Union Saint-Gilloise and Malmo of Sweden. Arsenal, by virtue of previous European competition performance, are ranked 23rd, Man Utd 7th and City first.
A new agreement has been struck this month by the European Club Association and Uefa over distributions for the next three years starting with the 2024-2025 season. The projected £3.81 billion to be earned annually under the new “Swiss model” format, that will see eight group games rather than six, will be distributed differently.
This season, clubs can earn a further £8.32 million if they make it to the group stages. Making it all the way to the final and winning would earn a total of £45.7 million in prize money.
Meanwhile, Premier League executives assured clubs at their shareholders’ meeting that they remain on course to record TV revenues.
As detailed by Telegraph Sport previously, more matches than ever are being made available for TV in a move that will pack schedules. With around 65 more games out to auction, the latest domestic rights sell off will be split into five packs and sold for the first time over a four-year cycle.
Clubs, who will vote next week over the domestic auction plans after digesting the fine detail, were also told of a record overseas deal struck with Canal+.
The French broadcaster is understood to have offered around a 10 per cent uplift to seal its latest 2025-28 rights deal for France, the Czech Republic and Slovakia.
