What is the Champions League prize money and when is the final?

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What is the Champions League prize money and when is the final?
The UEFA Champions League can mean big money for the top performers (Photo by Harold Cunningham/Getty Images)

The Champions League is one of the biggest competitions in club football and features some of the biggest teams in the world.

As well as securing the coveted silverware, clubs can also win large some of prize money by progressing through the tournament.

The competition winner also qualifies for the UEFA Super Cup and the FIFA Club World Cup, bringing the chance for more silverware and prize money.

All 32 clubs are guaranteed money for competing, but the biggest prizes are reserved for the later stages of the tournament.

What is the Champions League prize money and when is the final?
Real Madrid won the Champions League for the second season in a row in 2017 (Photo by Raddad Jebarah/NurPhoto via Getty Images)

What is the Champions League prize money?

UEFA has confirmed that an estimated €1,318.9m is set to be distributed among the clubs participating in the Champions League and Super Cup during the 2017/18 season.

The 32 clubs in the group stage of the competition were given a guaranteed minimum amount of €12.7m, along with €1.5m for each win and €500k for each draw.

Prize money continues to escalate throughout the competition with quarter finalists gaining €6.5m and semi-final teams receiving €7.5m.

The runner-up team in the Champions League will receive €11m, with the winner being awarded €15.5m meaning a potential total of €57.2m in prize money for the eventual winner.

More: Football

When and where is the 2018 Champions League final?

The final for the Champions League will take place on Saturday 26th May 2018

It will be held at the NSC Olimpiyskiy Stadium in Kiev, Ukraine.

Champions League winner odds

Manchester City – 3/1

PSG – 5/1

Barcelona – 11/2

Bayern Munich – 11/2

Real Madrid – 13/2

Liverpool – 14/1

Manchester United – 14/1

Juventus – 20/1

(Odds courtesy of Sky Bet)

UEFA Champions League 2018 – Round of 16 first-leg fixtures

Tuesday 13th February

Juventus v Tottenham

Basel vs Manchester City

Wednesday 14th February

Porto vs Liverpool

Real Madrid vs PSG

Tuesday 20th February

Bayern Munich vs Besiktas

Chelsea vs Barcelona

Wednesday 21st February

Sevilla vs Manchester United

Shakhtar Donetsk vs Roma

MORE: Real Madrid manager Zinedine Zidane rubbishes claims Isco is set to leave the club

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