Business Directory

Browse the Directory

Sign Up to the Directory

FC Business Twitter
FC business Linked in
FC Business facebook
FC Business Youtube

ECA Backs Evolution Of UEFA Club Competitions

Tue 6th Sep 2016 | UEFA

New 2018-21 UEFA Club Competition concept further improves club position both from a finance and governance perspective.

Representatives from 153 member clubs attended the European Club Association’s (ECA) 17th General Assembly in Geneva, Switzerland in which they backed UEFA’s new Club Competition concept. 

Following the official UEFA announcement in Monaco on 26 August, ECA Member Clubs were provided with details of UEFA’s Executive Committee decision to amend the UEFA Club Competition concept for the 2018-21 cycle and the process which has led thereto.

The new concept, which, according to initial projections, is expected to raise more than €3 billion in gross revenues per season (both competitions combined) was unanimously endorsed by the ECA Executive Board at its latest meeting in Monaco on 25 August.

In addition to the amendments affecting the access list, the club coefficient method and the revenue distribution system, ECA Members were also provided with details of the new governance model, which will see ECA representatives participate directly in the future decision-making process relating to UEFA’s club competitions.

A new UEFA subsidiary, which will deal exclusively with European club competitions and be equally managed and controlled by ECA and UEFA representatives, will be created by the end of 2016.

Following the inclusion of two club officials as members of UEFA’s Executive Committee in 2015, this development is another major break-through for clubs in their relationship with the European football governing body.

Commenting on the new concept and governance model, ECA Chairman Karl-Heinz Rummenigge said: “The new concept that has been adopted by the UEFA Executive Committee is not a revolution; it is an evolution.

“An evolution that was long overdue and which we all welcome. We are extremely pleased with the way our relationship with UEFA has developed since ECA’s creation in 2008.

“The creation of the new club competition entity is proof that the voice of the clubs in European football continues to be heard and respected.”

A working group will shortly be established under the umbrella of the UEFA Club Competitions Committee and will be tasked with finalising all details relating to the new club competition concept for 2018-21 in the coming months.

Posted by: Aaron Gourley 

Tripleplay 468 banner V2 (468x60_Animated_v2.gif)
If you have any football business related news stories you’d like to share then please contact us – agourley@fcbusiness.co.uk

To subscribe to our range of football newsletters including news, products and jobs CLICK HERE.

Add to: Google Google | Yahoo Yahoo | Live Live | del.icio.us del.icio | Digg Digg |

Related Articles

Cardiff Set For 45m Champions League Final Windfall

Fri 7th Apr 2017 | UEFA

Cardiff will welcome more than 170,000 people and a global broadcast audience of 200 million when it hosts the UEFA Champions League Final in June. UEFA’s showpiece final will take place in the...

EPFL Gives Notice To UEFA Of MoU Termination

Fri 21st Oct 2016 | UEFA

The European Professional Football Leagues (EPFL) have voted in favour of terminating the Memorandum of Understanding (MoU) with UEFA from March 2017 unless it rethinks changes to its Champions League...

UEFA Reveal Euro 2020 Logo In London

Wed 21st Sep 2016 | UEFA

The UEFA EURO 2020 tournament visual identity and the London host city logo were presented today. Newly-elected UEFA president, Aleksander Čeferin, together with the chairman of the English...

Platini Quits Despite Suspension Lowered To 4 Years

Mon 9th May 2016 | UEFA

Michel Platini has had his suspension from football lowered to 4 years but announced his resignation from UEFA having failed to get it overturned. Platini, who was banned for an initial 6 years by...