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Liverpool set for £27m off-pitch boost after official reveal

Liverpool are set for a £27m finance boost after the latest official news from UEFA.

Even in the context of Liverpool’s huge annual revenue of £594m at the last count, that is still big money for the club.

Their second largest individual income stream behind commercial revenue was broadcast cash, which accounted for £272m of the overall total.

Liverpool v Shrewsbury Town: The Emirates FA Cup Third Round
Photo by Matthew Ashton – AMA/Getty Images

Of that figure, which is taken from the 2022-23 season, a large chunk came from Champions League TV cash.

UEFA hand out around £2bn in prize money for clubs participating in their flagship club competition, with distribution based across a number of metrics – some more controversial than others.

One distribution mechanism which has many critics is the ten-year coefficient system, which has sparked accusations of UEFA insulating the already financially elite against failure.

Liverpool set for £27m coefficient payment

UEFA recently revealed its coefficient rankings for the new season, with updates to the annual, five-year and 10-year coefficients.

Liverpool rivals Man City top both the five-year and 10-year tables while the Merseysider are in fourth and fifth place respectively.

This is significant because UEFA distributes 30 per cent of its overall pot based on the 10-year coefficient.

For last season’s winner Real Madrid, this pot alone was worth around £32m.

With an extra approximately £1m given to club for every position in the rankings they finish, Liverpool are set to bank around £27m from their coefficient position.

That figure is still to be confirmed.

UEFA have said that they are scaling back the cash handed out based on the 10-year coefficient on a relative basis.

But given that the competition will begin a new expanded format from next season, any reduction will be offset.

TBR Analysis: How much will Liverpool earn from new Champions League format?

The 2024-25 Champions League will be the first under the new ‘Swiss system’ format, which will see clubs play eight group stage games as opposed to the current six.

The extra matchday at Anfield alone will be worth several million for Liverpool.

UEFA Champions League 2022/23 Play-offs Round Draw
Photo by Kristian Skeie – UEFA/UEFA via Getty Images

UEFA estimate that an extra £372m will also be distributed in prize money, although it remains to be seen how this will be divvied up.

All told, Liverpool could earn £124m in Champions League prize money if they go all the way in next season’s competition.