How much Arsenal have already earned in Champions League prize money amid £73.2m incentive

[ WATCH TV LIVE ]

Arsenal's 4-0 victory over PSV Eindhoven was worth more than three points and a dream start upon their return to the UEFA Champions League as they earned a cool €2.8million (£2.41million) in the process.

Goals from Bukayo Saka, Leandro Trossard, Gabriel Jesus and captain Martin Odegaard allowed the Gunners to make rather light work of their Eredivisie opponents. With the reverse meeting as well as games against RC Lens and Sevilla to follow, Mikel Arteta's side have put themselves in a great position to qualify from Group B.

And with that will come great financial rewards. In fact, as per UEFA, before a ball was even kicked in north London on Wednesday night, Arsenal had already banked €15.64million (£13.46million) as a result of simply participating in this season's Champions League group phase.

As mentioned above, an extra €2.8m (£2.41million) was secured with the emphatic win over PSV and as that's the confirmed prize money per victory, the Gunners could potentially add another €14million (£12.1million) to their prize pot on their way to the round of 16.

Having said that, there will be even more money on offer from the knockout stages onwards thus providing Arsenal with an extra incentive to go as far as possible. All clubs that reach the round of 16 stage will receive a further €9.6million (£8.26million). This fee will rise to €10.6million (£9.12million) by reaching the quarter-finals, while all four semi-finalists earn €12.5million (£10.76million).

If the Gunners reach their first Champions League final since 2006 and finish runners-up once again, the consolation prize would be €15.5million (£13.34million). But lifting the trophy for the very first time comes with added bonus of earning €20m (£17.22million). This means the 2023/24 European Champions have the opportunity to earn up to €85.14million (£73.29million).

READ MORE: Arsenal player ratings vs PSV as Bukayo Saka and Gabriel Jesus outstanding

READ MORE: Arsenal’s massive Champions League win left PSV striker conceding top spot after just one game

In addition, a total of €600.6million (£517million) is reserved for all 32 teams who qualify for the competition, which is then split using a coefficient algorithm, based on European performance over the past decade. As Arsenal currently sit 14t on the list, they should be on course to get a decent chunk of that pot just like Manchester City (4th) and Manchester United (11th).

Then there's the estimated available amount of €300.3million (£258.5million) that will be distributed in accordance with the proportional value of each TV market represented by clubs taking part in the UCL (group stage onwards). The different market shares will be distributed to the participating clubs from each association.

As all four Premier League clubs would split the English share, Arsenal are in line to receive a further, proportionate amount based on how far they go in the competition. Simply put, the more games they play, the more money they will earn from the TV rights holders.

Arsenal WhatsApp

Sign up to our Arsenal WhatsApp service and get all the latest breaking news and in-depth stories from football.london's dedicated Arsenal writers direct to your phone.

By signing up to this free service you will be the first to know the news from the Emirates Stadium as it happens.

To join our Arsenal community, all you have to do is click this link.

Adblock test (Why?)