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Arsenal to receive RECORD-BREAKING UCL prize money

After beating Porto in the UEFA Champions League round of 16, Arsenal will receive record-breaking prize money.

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Arsenal boss Mikel Arteta

Beating Porto in the UEFA Champions League (UCL) round of 16 was not just huge for the club’s season, but also for the Gunners’ finances as Arsenal will receive a club-record high of UCL prize money.

It is Arsenal’s first time in UEFA’s premier European competition since the 2016/17 season and, since then, prize money in the competition has seen a dramatic increase, which Mikel Arteta’s sides will now reap the rewards of.

So far, Arsenal have earned a staggering £77.98m (€91.28m) by reaching the quarter-finals of the UCL, and this could rise to roughly £111m (€130m) if the Gunners were to win the entire competition.

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Edu & Mikel Arteta - Arsenal

READ MORE: Arsenal given HUGE advantage in Champions League quarter-final tie.

The news will be a big boost to the Gunners who, in the summer transfer window, had some concerns over Financial Fair Play (FFP), with this prize money going a long way to offset any such fears.

The eye-watering prize money also shows the disparity between the Champions League and Europa League, where Arsenal earned just £21.35m (€25m) last season, though they did only reach the round of 16 stage of the competition.

Reaching the latter stages of the UCL, where prize money becomes available, will by no means be easy for Arsenal, who have been drawn against the 2019/20 winners of the competition, Bayern Munich, in the quarter-finals.

If they win here, they will then face one of Manchester City or Real Madrid in the semi-finals to fight for a place in the highly-coveted final, where Arsenal would have a chance of winning their first-ever UCL trophy, while adding almost £34.17m (€40m) to their total prize money.

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