When Arsenal defeated PSV Eindhoven 4-0, they earned a whopping €2.8 million (£2.41 million), which was more than three points and gave them a great start in the UEFA Champions League.
Bukayo Saka, Leandro Trossard, Gabriel Jesus, and skipper Martin Odegaard all scored goals to help the Gunners defeat their Eredivisie rivals easily. Mikel Arteta’s team is in a strong position to advance from Group B with the rematch and the games against RC Lens and Sevilla that will come after.
And huge financial benefits will follow. In fact, according to UEFA, Arsenal had already earned €15.64 million (£13.46 million) for just taking part in this season’s Champions League group stage before a single ball was even kicked in north London on Wednesday night.
The decisive victory over PSV secured an additional €2.8 million (£2.41 million), and as that is the confirmed prize money for each victory, the Gunners may potentially add another €14 million (£12.1 million) to their prize pool on their journey to the round of 16.
Having said that, there will be even more money available starting in the knockout rounds, giving Arsenal an additional motivation to advance as far as they can. Every club that advances to the round of 16 will be given an additional €9.6 million (£8.26 million). By making it to the quarterfinals, this price will increase to €10.6 million (£9.12 million), while the four semifinalists will each receive €12.5 million (£10.76 million).
The consolation reward would be €15.5m (£13.34m) if the Gunners make it to their first Champions League final since 2006 and finish runners-up once more. However, there is a prize associated with winning the trophy for the first time: €20 million (£17.22 million). The potential prize pool for the 2023–24 European Champions is €85.14 million (£73.29 million).
All 32 teams who qualify for the competition will also share a total of €600.6 million (£517 million), which is divided based on the performance of European teams over the previous ten years. Arsenal could be on track to get a sizable portion of the purse, just like Manchester City (4th) and Manchester United (11th), given their current ranking of 14.
The remaining €300.3 million (£258.5 million) is expected to be made available, and it will be distributed (from group stage onwards) in accordance with the proportional value of each TV market represented by the participating clubs. Each association will give its various market shares to the member clubs.
Arsenal will be eligible to win an additional, proportionate sum according on how far they advance in the competition because all four Premier League clubs would split the English share. Simply simply, they will receive more money from the TV rights holders the more games they play.