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HomeFootballUEFA Revenue Distribution: Crystal Palace Chairman Steve Parish Calls for Change

UEFA Revenue Distribution: Crystal Palace Chairman Steve Parish Calls for Change

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https://www.amazon.com/dp/B0CS3W61MH

Crystal Palace chairman Steve Parish has called for Uefa, the governing body of European football, to change how it distributes Champions League money. According to Parish, Uefa’s coefficient ranking system has contributed to a “two-speed Premier League” where Europe’s elite clubs have become “entitled with winning”. At the launch of the Union of European Clubs (UEC) in Brussels on Monday, Parish argued that Uefa’s revenue distribution of 22bn euros (£19.5bn) over the past 25 years has been unfairly concentrated among a group of 12 clubs. Currently, 30% of Champions League revenue is determined by a club’s coefficient ranking, which is based on its performance in Europe over the past decade. Parish believes this gives Europe’s top clubs an unfair financial advantage, creating a situation where it is almost impossible for other clubs to qualify for European football. He also stated that Uefa’s position as both a regulator and a commercial operator is a conflict of interest and that there should be more separation between the two. The UEC is an organisation which seeks to give a voice to more than 1,000 professional clubs in Europe and was attended by representatives from 103 clubs, including Aston Villa, Brentford, Brighton and Watford.

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