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Kieran Maguire reveals what he has heard on £89m Liverpool threat
Liverpool will not have their Champions League earnings reduced if Uefa make changes to solidarity payments.
That is the view of finance expert Kieran Maguire, who spoke exclusively to Football Insider about the pressure being applied to Uefa by European Leagues.
As reported by The Athletic, European Leagues – which represents 39 leagues in 33 countries – is urging Uefa to increase solidarity payments from four per cent to 10 per cent.
Uefa currently allocates around four per cent of revenue in solidarity payments to clubs across Europe to invest in football development projects.
Only clubs not participating in Uefa competition are eligible for a share of the payments, meaning clubs regularly playing in European competition could receive less money if the change is approved.
Liverpool earned £89.2million from their 2021/22 Champions League campaign when they reached the competition’s final.
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Maguire believes it is ‘highly unlikely’ that solidarity payments will rise to 10 per cent, but insists that Liverpool won’t see their European prize money reduced regardless because of Uefa’s ever-increasing commercial and broadcast income.
“The new rival to the European Club Association is trying to ensure that there is greater variety in terms of participation in European competition,” Maguire told Football Insider.
“Having a higher proportion of revenue go towards solidarity payments is one of their primary objectives.
“However, it is highly unlikely that the solidarity payments will increase to 10 per cent.
“From what I’ve heard, smaller European clubs believe that 6 or 7 per cent of a bigger share would be enough to improve youth development and infrastructure and benefit European football.
“Even if there is a greater proportion given away, the expected increase in both broadcasting and commercial income should mean that the likes of Liverpool are unlikely to see a reduction in the money they get from Uefa.“
In other news, James Milner to quit Liverpool – rivals in pole position to sign him