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UEFA announce huge European prize pot in financial boost for Man City and Manchester United

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The total prize fund for the UEFA competitions has been announced for the 2019/20 with £2.3billion on offer in the lucrative club competitions.

Payments in the Europa League are based on the same formulas but are worth significantly less than the equivalent Champions League amounts.

This is done by dividing the pot into 'coefficient shares', with the top-ranked club, currently Real Madrid, getting 32 of these £1million shares and the 32nd-ranked club receiving one.

That means clubs who compete in the Champions League and Super Cup will share more than £1.8billion while the rest will be reserved for the Europa League.

The market pool allocation represents 15 per cent of the total prize fund but is based on even more variables than the performance coefficients, as each club's payment depends on how much money domestic broadcasters have paid UEFA for its rights and how far other teams from their country progress.

Chelsea are currently England's best-ranked club in fifth place, with United sixth, Arsenal ninth, Liverpool 12th, City 14th and Spurs 21st.

Liverpool and Chelsea will earn just over £3million after reaching the Super Cup in Istanbul on August 14.
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