Leicester made it the quarter-finals before being knocked out by Atletico Madrid in their maiden outing of Europe’s elite competition.
And that means they will take home more than any other English side.
The system for allocating Champions League funds is complicated, based on everything from progress through the tournament to the previous season’s league position.
That meant that Leicester began the season with 40 per cent of England’s allocated TV pool for the group stages, a whopping £22m, according to website Swiss Ramble.
Arsenal, who finished second last season, banked a little over £16m, with Spurs taking just under £11m and Manchester City only £5.4m.
Leicester then received a further £17m in TV money for their progress to the last eight – with Arsenal and City each earning £13.6m for reaching the first knock-out round, and Tottenham getting £10m because they were knocked out in the group stages.
However, and this is where it gets complicated, while those values are dependent on how far the teams got in this season’s competition, they are not considered prize money – the increased money is simply given for playing more games.
The foxes banked a further £17m for their exploits on the pitch, again the most of any English team.
(Photo by Laurence Griffiths/Getty Images)
Each team that reached the group stage was awarded just under £11m for participation. Teams are then given a further £1.3m for every group win, and £400,000 for every group stage draw.
That means that Arsenal, who were unbeaten in the group stages, actually earned more than Leicester for the first part of this season, a little over £7m, with Leicester picking up £6m and Tottenham £3.5m. Manchester City earned £1.7m for getting through their play-off, and then a further £4.2m from the group, taking them up to a similar total to Leicester.
The three English teams to make it to the last 16 were each awarded a further £5m, with Leicester then bagging another £4.2m for getting to the quarter-final.
Each team that reached the group stage was awarded just under £11m for participation. Teams are then given a further £1.3m for every group win, and £400,000 for every group stage draw.
That means that Arsenal, who were unbeaten in the group stages, actually earned more than Leicester for the first part of this season, a little over £7m, with Leicester picking up £6m and Tottenham £3.5m. Manchester City earned £1.7m for getting through their play-off, and then a further £4.2m from the group, taking them up to a similar total to Leicester.
The three English teams to make it to the last 16 were each awarded a further £5m, with Leicester then bagging another £4.2m for getting to the quarter-final.
