The Champions League trophy
Who will win the UEFA Champions League Final? And what will they win? (Picture: Alexander Hassenstein – UEFA/UEFA via Getty Images)

The Champions League final is taking place in Paris tonight, with the teams and fans getting ready you might be wondering what the winning team gets – other than glory, of course.

This year’s finalists Liverpool and Real Madrid surely want to lift up the coveted Champions League trophy.

Jurgen Klopp’s Reds could complete an impressive treble of trophy wins in one season with victory at the Stade de France, while Carlo Ancelotti’s team will be hoping to the club’s impressive tally of 13 UCL titles.

But you know what we’re really talking about here: prize money.

So, what do they win?

How much prize money do the Champions League winners get?

Teams earn more prize money the further they progress in the competition, with the champions getting an extra £3.8million for winning the final.

The sums on offer for a victory – for either Liverpool or Real Madrid – are huge.

If Liverpool were to win, it would see the Merseyside club bank £93million from the competition overall, according to the Mirror.

And while that is certainly a great deal of money, Real Madrid would in fact collect even more.

Even if they lose, Ancelotti’s side will have amassed around £98million from the competition overall, £5million more than the figure Liverpool will earn if they lift the trophy.

So, a victory with the bonus £3.8million would push them over the £100million mark.

A team’s respective Champions League takings are impacted by their past performance in the tournament.

Liverpool have reached the final in three out of the last four seasons, while Real have won it entirely four times in the last 10 years.

Jurgen Klopp, Carlo Ancelotti and the Champions League trophy.
Both clubs stand to win big bucks with a victory (Picture: Laurence Griffiths/Denis Doyle/Getty Images)

All 32 clubs who reach the group stages receive a base payment of £13.1m, plus another payment based on their coefficient.

Each group stage win was worth £2.4m, and a draw £784,000.

Qualifying for the knockouts meant the teams banked another £8.1m, along with a further £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.

A seventh UCL title would bag Liverpool just under £100m, while Real Madrid would break the £100m mark if they win.

These earnings do not take into account any matchday or broadcast income, which can significantly boost the figures.

Liverpool vs Real Madrid kicks-off tonight at 8pm. Watch the action on BT Sports 1, or stream the match for free via the BT Sport YouTube channel.

MORE : What is Liverpool vs Real Madrid’s head-to-head record and who has won the Champions League more times?

MORE : Treble or not, Jurgen Klopp is giving new generation of Liverpool fans the time of their lives

MORE : How Carlo Ancelotti and Liverpool’s football destinies became bound ahead of 2022 Champions League final

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