Champions League: How much Chelsea will earn after lifting title in Porto?

Chelsea managed to hold the nerve in the fierce Champions League final against Manchester City. A first-half goal from Chelsea’s club-record signing Kai Havertz was enough for Thomas Tuchel to finally lift the trophy after heartache with Paris Saint-Germain in last season’s final.

The London-based club joined the elusive group of English clubs to win the Champions League title more than once. Along with the sporting glory, it was also a big financial boost for Chelsea to win the title. After coming on top against Pep Guardiola’s Man City, Chelsea pocketed $23.18 million as prize money.

Meanwhile, the Manchester-based club will get $18.3 million for finishing as runners-up. As per Sportingnews, both finalists get $18.3 million as prize money, but the winner gets an additional $4.88 million for qualifying for UEFA Super Cup in August. Chelsea will be playing against Europa League winners Villareal in the Super Cup.

Along with the prize money, Chelsea and Manchester City will also end at the top of the table for earning the biggest chunk of overall Champions League revenue. Manchester City will end up $75.2 million, while Chelsea will pocket $18.3 million. The amount of revenue further highlights why playing in the Champions League is crucial for clubs during the pandemic.

On a personal level, Thomas Tuchel is going to get a contract extension at Chelsea for guiding the club to the CL title after taking over in January.  Tuchel’s current deal was set to expire at the end of next season, but he will reportedly get a pay rise and longer deal for the phenomenal work he has done in very little time. N’Golo Kante is also likely to be rewarded for delivering consistent man of the match performances during the Champions League campaign. Meanwhile, Manchester City coach Pep Guardiola will be looking to further bolster the squad to get over the line next season.

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