Newcastle United set for huge financial boost as lucrative Champions League prize money explained

Newcastle United supporters are preparing for memorable nights at Europe’s top table, players are relishing taking their chance in Europe’s biggest competition and the owners must be licking their lips at the potential kitty boost that may come their way in the coming months.

Newcastle‘s top-four finish has changed the game in terms of the club’s finances, loosening the shackles and taking the Financial Fair Play pressure off. It has paved the way for the arrival of superstars like Sandro Tonali and it will put the Magpies back in front of a worldwide audience after years away from the spotlight.

After being drawn in the ‘Group of Death’, expectations may have been lowered behind the scenes but Newcastle are still set to pocket a pretty penny from the opening stage of the competition alone.

This year’s renewal of the Champions League will see £2.4m awarded per group stage win, while £800,000 will be pocketed for each draw during the opening six fixtures.

Teams will pocket £8.2m for reaching the last 16, £9m for making it to the quarter-finals, £10.7m for crashing out at the semi-final stage, and £13.3m for qualifying for the final. An extra £3.6m is awarded to the winner.

Newcastle will receive £12.7m just for simply reaching the group stage, before any additional result-based bonuses are taking into account. A luxury not available to Jurgen Klopp’s Liverpool this season.

“It’s not helpful (if Liverpool miss out on the top four),” the German coach said last season. “Money always has an impact. But this cannot be that much of an impact, let me say it like this. Of course it is influential but this is a summer where we have to be in the market, definitely.”

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While Howe will be delighted to hear of the financial uplift on the horizon for his side but there will be no resting on laurels as he sends his Newcastle United side out to win each game.

“When the dust settles, you look at it with pure excitement,” Howe said after the group stage draw. “There’s no negativity from any of us. It’s hard, it’s challenging but some great European games for us to experience.

“It doesn’t matter who we play. There has to be an attitude of no fear. No doubts. Let’s embrace everything it will bring. It will challenge us hugely so no doubts about the size of the challenge. But bring it on! That has to be how we feel.”