Champions League: How much prize money do Premier League teams get for reaching knockouts?

The six Premier League teams involved in the Champions League all receieved a large financial windfall by progressing out of the league phase of the competition.

Arsenal, Liverpool, Tottenham, Chelsea and Manchester City booked their places in the last-16, while Newcastle face Qarabag in the play-offs after missing out on the top eight.

The total prize pot for the Champions League is roughly £3.8bn, with every club participating in the league phase getting £16.1m for participating.

Clubs secure an additional £1.8m per win and £600,000 for each draw.

There is also an added financial incentive with every position in the table worth an extra £240,000. So, the team that finishes 36th gets £240,000, 35th takes home £480,000 and the table toppers pocket the maximum amount of £8.6m.

Sides finishing first to eighth also earn a £1.7m bonus, with teams in ninth to 16th getting £870,000. The eight teams through to the last-16 also receive £9.5m.

Clubs also pocket extra money from broadcast revenue after Uefa introduced a “value pillar” that splits earnings. This again increases depending on league finishes.

The boost in funds come at a time of growing financial disparity in the game, with 15 Premier League clubs in the top 30 of the Deloitte Football Money League table.