The Europa League earned Atalanta and Milan around €12m and €14m respectively last season, while Lazio earned €17m by reaching the quarter-finals.

While the prize money for UEFA’s secondary competition has been increased this season, figures released by European football’s governing body show the vast difference qualifying for the Champions League makes to the balance sheet.

The Europa League earned Atalanta and Milan around €12m and €14m respectively last season, while Lazio earned €17m by reaching the quarter-finals.

While the prize money for UEFA’s secondary competition has been increased this season, figures released by European football’s governing body show the vast difference qualifying for the Champions League makes to the balance sheet.

While Juventus earned €80m by reaching the quarter-finals of the Champions League, Lazio made €17,250,363 from reaching the same point in the Europa League.

Milan went through two qualifying rounds and reached the Last 16, earning them €13,937,221 not including ticket sales.

Atalanta went out in the Last 32 and made €12,273,352.

An early exit for the other English clubs left Arsenal as the big winners financially, making €37,779,447 of which €29m came from their market pool, which is divided among the clubs from a nation who are still left in the competition.

Champions Atletico Madrid earned €16m from the Europa League, but they also made €32m from the Champions League having been eliminated in the group stage.

Finalists Marseille got €22,966,178 in total.

Bygaby

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