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Home Ireland

UEFA approves plan that could quadruple euro payments for League of Ireland clubs

September 24, 2024
in Ireland
UEFA approves plan that could quadruple euro payments for League of Ireland clubs
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But one of the stipulations is that the majority must go to top flight clubs not in group stage action in Europe to maintain what UEFA calls “competitive balance”

Instead of the current deal that sees League of Ireland clubs benefit to the tune of around €65,000 per year, the new deal will see the LOI receive €3.58 million. 

But one of the stipulations is that the majority must go to top flight clubs not in group stage action in Europe to maintain what UEFA calls “competitive balance” within leagues.

That is as a reaction to fears of clubs dominating domestic competition if they are successful in Europe.

There are allowances made for some money to go to lower tier clubs provided top flight clubs agree, and with minimum standards required for academies. 

That is something that the FAI had lobbied for though they now await the final details following UEFA’s approval of the current plan. 

But the windfall – which will come in January 2026 as part of a new four-year agreement – sees a three percent increase in the size of the solidarity fund. 

The European League’s Association, which the FAI is part of, had lobbied for an increase of double that amount.

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Publish date : 2024-09-24 08:46:00

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