Izuchukwu Okosi
A startling revelation by UK media, The Mirror, has revealed that Real Madrid will earn higher than Liverpool even the Reds win tonight’s UEFA Champions League final in Paris.
Teams earn more prize money the further they progress in the competition, with the champions netting an extra £3.8million for winning the final.
A Liverpool triumph Saturday evening would see the Anfield club bank £93m from the competition overall, according to a report in the Mirror.
Conversely, Real Madrid will collect a whopping £102m in prize money if they come out on top.
Even if the 13-time European champions lose on Saturday Carlo Ancelotti’s side will bank around £98m, which is £5m more than the figure Liverpool will earn if they lift the trophy.
Champions League takings are impacted by a club’s past performance in the tournament.
While Liverpool have reached the final in three out of the last four seasons, Real have won it entirely four times in the last 10 years.
All 32 clubs to reach the group stages receive a base payment of £13.1m, plus another payment bases on their coefficient.
Each group stage win was worth £2.4m, and a draw £784,000.
Qualifying for the knockouts banked another £8.1m, then £9m for reaching the quarters, and £10.5m for making the semi-finals.
The finalists then get £13.1m each, with another £3.8m for the winners.
So all in all, a seventh crown would bag Liverpool just under £100m, while Real Madrid would break the £100m mark if they win.
Izuchukwu Okosi is a Nigerian sports and entertainment journalist with two decades of experience in the media industry having begun his media journey in 2002 as an intern at Mundial Sports International (MSI) and Africa Independent Television (AIT), owners of Daar Communications Plc.
In October 2004, Okosi joined Complete Communications Limited, publishers of Complete Sports newspaper and Complete Football magazine as a reporter and later script writer for the Complete Sports studio.
He worked there for 13 years until October 2017.
Okosi also worked various times as Correspondent, Content creator and Editor at Sports Market International Magazine, Opera News, All Nigeria Soccer Media and Iconic Media Watch.
He also undertook freelance writing gigs for some local and international organizations.
Okosi is a member of the Actors Guild of Nigeria (AGN), Association of Movie Producers (AMP), Association of Voiceover Artistes of Nigeria (AVOA), Sports Writers Association of Nigeria (SWAN) and Nigeria Union of Journalists (NUJ).
He has been part of cast in some Nollywood movies and radio dramas including Blood Money 2, Scores To Settle, Dead End 2, Another Campus Tale and Battle Line.
Aside mainstream media and the entertainment industry, he has interests in scouting/unearthing of talents in the sports and creative sectors, exports business and property development.
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