Liverpool Earn €108m For Winning UCL Title

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Liverpool are €108.9 million richer following their UEFA Champions League triumph over Tottenham Hotspur in Madrid, Spain, on Saturday.

Finalists Tottenham Hotspur are also smiling to the bank as they earn €104 million for their achievement.

UEFA’s distribution formula shows that Liverpool will get €15.5m participation bonus, €8.1 million for winning three group games, €35.3 million from market pool, €9.5 million for reaching the Round of 16.

Liverpool will also get €10.5 million for reaching the quarter finals and €12 million for reaching semi-finals and €19million for reaching the finals and winning it.

Only €4million separates the two finalists in prize money.

A total €1.95bn is estimated to be distributed among clubs from Group Stage onwards.

UEFA last year announced several major changes for the 2018-19 Champions League season and that included around 30 percent increase in prize money and how the revenue would be actually distributed among participant clubs.

Meanwhile, Liverpool’s manager, Jurgen Klopp says his players have suffered a lot and deserved the Champions league trophy more than anybody.

Speaking to BT Sport after the match, Klopp said: “I am so happy for the boys all these people, and my family. They suffer for me, they deserve it more than anybody.

“Did you ever see a team like, this, fighting with no fuel in the tank? And we have a keeper who makes difficult things look easy.

“It is the best night of our professional lives.

“It took a while, it is important for our development and improvement, This little mark helps a lot, now we can carry on. The owners never put pressure on us.

“Normally 20 minutes after the game I am half drunk, but now I have only had water!”

'Dotun Akintomide
'Dotun Akintomide
'Dotun Akintomide's journalism works intersect business, environment, politics and developmental issues. Among a number of local and international publications, his work has appeared in the New York Times. He's a winner of the National Youth Service Corps (NYSC) Award. Currently, the Online Editor at The New Diplomat, Akintomide has produced reports that uniquely spoke to Nigeria's experience on Climate Change issues. When Akintomide is not writing, volunteering or working on a media project, you can find him seeing beautiful sites like the sandy beaches that bedecked the Lagos coastline.

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