Kieran Maguire baffled by Tottenham financial mystery 'nobody seems to know' about
Tottenham will play in the inaugural Uefa Europa Conference League next season – but how much they will pocket from the competition remains a mystery.
That is according to finance guru and Football Insider columnist Kieran Maguire, speaking exclusively after Spurs’ 4-2 win over Leicester City on Sunday secured a 7th-place finish.
That means they miss out on the Europa League but will instead take part in Uefa’s new third-tier competition, the Conference League.
English teams competing in the Europa League will receive approximately £30-40million and Champions League participants substantially more than that.
But, as Maguire explains, there has been a lack of clarity from European football’s governing body regarding prize money in the new competition.
“In terms of prize money when it comes to the Conference League, nobody seems know,” he told Football Insider correspondent Adam Williams.
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“The present arrangement is that 78 per cent of the Uefa pot goes to the Champions League and 22 per cent goes to the Europa League.
“Where the Conference comes into that is uncertain. I would be very surprised if the clubs in the Champions League are willing to give up any of their existing money.
“So it looks like it could be the poor relation to the Europa League. At present, there’s 48 teams in the Europa but it’s now dropping to 32 with another 32 in the conference.
“The prize money will be modest, so Spurs have got to get the fans in the stadium to get money out of their wallets.”