Finance guru: Man City ‘relieved’ as controversial £530m bonanza ‘protected’
Man City will be “relieved” that the ECA has decided not to push UEFA to change the Champions League’s 10-year coefficient system.
That is the view of finance expert Dr Dan Plumley, who spoke exclusively to Football Insider about how the current coefficient is financially beneficial to Man City.
As things stand, the Champions League hands out 30% of their £530million central pot to teams based on their performances in Europe over the last 10 years.
The current coefficient system has come under fire for favouring established European teams while financially handicapping any newcomers.
A source told Football Insider on Wednesday (4 January) that the ECA, a powerful pressure group representing 245 European clubs, does not intend to push for major changes to the 10-year coefficient mechanism.
Man City have been a consistent part of the Champions League ever since their first qualification for the tournament in 2011/12, reaching the final for the first time in 2021.
Plumley believes Man City will be relieved that the current co-efficient will remain the same given their decade of participation in the competition.
“City will be relieved, yes,” he told Football Insider.
“They have built up their coefficient over the last few years with the success they’ve had and the five-year and 10-year coefficient benefits clubs that have a good history in the competition.
“It’s always been an item for debate because rewarding short-term performance would be more reflective of the current market.
“But, they’ve always had that coefficient system driving things from the background.
“It is a system that favours the bigger clubs so it’s no surprise to see the top sides have all been very welcoming of the news as their position remains protected in the European game.”
In other news, an ex-Premier League referee claims VAR should be ditched after Man City development