2023 Champions League final: How much money does the winner make?

Manchester City vs Inter Milan live online

There will be a number of knock-on effects for whoever emerges victorious in this evening’s Champions League final. Not only will they have an extra piece of shiny silverware to grace their trophy cabinet, they will also receive a considerable cash prize with the chance to increase their takings in the two related competitions - next season’s UEFA Super Cup and Club World Cup.

Last year, UEFA announced the breakdown for cash prizes in this current edition of the Champions League which has a total purse of €2.032 billion ($1.98b). That represents around two thirds of the €3.5 billion which has been set aside for all of the organization’s club tournaments (Champions League, Europa League, Europa Conference League and the 2022 UEFA Super Cup).

Last season’s champions Real Madrid pocketed a tidy €83.2 million for beating Liverpool in Paris. In addition to that, Carlo Ancelotti’s took home an additional €4.5 million for lifting the Super Cup in August.

How much will the 2022-23 Champions League winners earn?

In this season’s competition, all of the 32 teams who took part in the group stage received a starting fee of €15.64 million. Performance-based bonuses were paid for results gained in each of the six matchdays - €2.8 million for each match won and €930,000 for a draw.

So City, who won four and drew two, would have earned €13.6 million on top of their starting fee just for the group stage. Inter meanwhile, who won three, drew one and lost two, received €9.33 million.

All of the 16 teams who advance from the group stage to the first knockout round will have received €9.6 million. After that, the prize money for qualifying for each round is as follows:

The 2022/23 Champions League winners will be awarded an additional €4.5 million - plus a further €3.5 million for their participation in August’s Super Cup against Europa League champions Sevilla (the winner of that game will gain €1 million).

All of the participating clubs will receive a ‘coefficient share’ which is determined by their position in the overall 10-year ranking. The lowest-ranked club will receive one share (€132,000), the team above them two share and so on up to the highest-ranked team, who will receive 32 shares (€4.224 million).

If Guardiola’s City clinch their first European crown tonight, they stand to earn a total cash prize of €83.28 million while Inter would receive around €4.3 million less for losing both of their group games against Bayern.