Golf equipment that fail to qualify for Uefa’s competitions are set to obtain a higher share of income from the European governing physique from subsequent season underneath a brand new distribution mannequin introduced on Wednesday.
Uefa and the European Membership Affiliation (ECA) signed a renewed working settlement till 2030 which can “bolster long-term stability and sustainable development in European membership soccer”, the governing physique stated in a press release.
The change can be efficient from the beginning of the 2024-25 season, coinciding with a brand new format in Uefa’s Champions League, Europa League and Europa Convention League.
Underneath the brand new mannequin for the 2024-2027 cycle, 7% of the income Uefa earns from the three competitions can be distributed to golf equipment not competing in them, up from 4%.
The European Leagues Affiliation, which represents skilled soccer leagues in Europe, stated the change will lead to £265m being shared amongst non-participating golf equipment, up from the present £150m.
“Right this moment’s announcement will assist all golf equipment throughout Europe to safeguard their competitiveness on and off the pitch whereas preserving investing in youth and expertise improvement,” it stated in a press release.
Uefa stated additional particulars of the brand new system can be unveiled at a later date.
Reuters