Arsenal’s nail-biting victory over Porto not only secured a place in the Champions League quarter-finals, but also a massive financial windfall.

The club stands to earn significantly more compared to their Europa League campaign and have even set a new club record.

LONDON, ENGLAND - MARCH 12: The players of Arsenal celebrate as David Raya of Arsenal (not pictured) makes the match-winning save from the fourth penalty from Galeno of FC Porto (not pictured) in the penalty shoot out during the UEFA Champions League 2023/24 round of 16 second leg match between Arsenal FC and FC Porto at Emirates Stadium on March 12, 2024 in London, England. (Photo by Julian Finney/Getty Images)
LONDON, ENGLAND – MARCH 12: The players of Arsenal celebrate as David Raya of Arsenal (not pictured) makes the match-winning save from the fourth penalty from Galeno of FC Porto (not pictured) in the penalty shoot out during the UEFA Champions League 2023/24 round of 16 second leg match between Arsenal FC and FC Porto at Emirates Stadium on March 12, 2024 in London, England. (Photo by Julian Finney/Getty Images)

Reaching the Champions League quarter-finals for the first time in fourteen years represents a significant financial boost for Arsenal.

Compared to the €25 million earned in last year’s Europa League, Arsenal is set to receive just over €91 million this season in Champions League riches.

If the club wins the entire competition, that prize money could increase to approximately €130 million. I said ‘if’.

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This substantial increase in revenue highlights the vast financial gap between the two European competitions and why Arsenal recently said qualification for the Champions League is integral for their financial sustainability.

Arsenal’s European success brings record-breaking financial boost

Arsenal’s victory over FC Porto may have secured them a place in the Champions League quarter-finals but the €91.3m (£78.1m) they have now earned also set a new club record for European prize money in a single season.

READ MORE: Arsenal set new club record for European income in a season.

Champions League prize money

TOPSHOT - The Champions League Trophy stands on display during the UEFA Champions League football group stage draw ceremony in Monaco on August 24, 2017. / AFP PHOTO / VALERY HACHE
TOPSHOT – The Champions League Trophy stands on display during the UEFA Champions League football group stage draw ceremony in Monaco on August 24, 2017. / AFP PHOTO / VALERY HACHE

Here’s a summary of the prize money for all stages of the Champions League 23/24:

The Champions League prize money is divided into three parts:

Performance-based prize money: This makes up 55% of the total prize pot. The winner receives €20 million (£17.1m/$21.6m).

Coefficient payout: This is 30% of the total prize pot and is paid to all 32 clubs in the Champions League group stage. It’s based on a coefficient algorithm that ranks their European performance over a 10-year period.

Broadcast market payout: This is 15% of the total prize pot, and is made available as part of the broadcast revenue once all the broadcast deals are finalised across Europe.

Here’s the prize money breakdown:

Qualification:

Playoff Round: Winners receive €5m (£4.4m).

Group Stage:

  • Per Match Win: €2.8m (£2.4m).
  • Per Match Draw: €930,000 (£819,000).
  • Group Stage Qualification: €9.6m (£8.4m).

Knockout Stages:

  • Round of 16: €9.6m (£8.4m).
  • Quarter-finals: €10.6m (£9.3m).
  • Semi-finals: €12.5m (£11.0m).
  • Runner-up: €15.5m (£13.6m).
  • Winner: €20m (£17.6m).

The last Arsenal XI to reach the Champions League quarter-finals

The last Arsenal team to reach the Champions League quarter finals also did that by beating Porto.

That game finished 5-0 on the night, a much more relaxed fare than we were served on this time around.

The starting XI for that game was:

Manuel Almunia; Bacary Sagna, Sol Campbell, Thomas Vermaelen, Gaël Clichy; Samir Nasri, Alex Song, Abou Diaby; Tomáš Rosický, Andrey Arshavin; Nicklas Bendtner.

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