ECA: "New concept (of European cups) is expected to raise more than €3bn in gross revenues"

"ECA Member Clubs were provided with details of UEFA's Executive Committee decision to amend the UEFA Club Competition concept for the 2018-21 cycle and the process which has led thereto. The new concept, which, according to initial projections, is expected to raise more than €3bn (compared 2.35bn in 2016-17) in gross revenues per season (both competitions combined) was unanimously endorsed by the ECA Executive Board at its latest meeting in Monaco on 25/08/2016," stated the ECA at the end of its 17^th General Assembly, attended by 153 European clubs, in Geneva (SUI) on 06/09/2016.

"In addition to the amendments affecting the access list, the club coefficient method and the revenue distribution system, ECA Members were also provided with details of the new governance model, which will see ECA representatives participate directly in the future decision-making process relating to UEFA's club competitions. A new UEFA subsidiary, which will deal exclusively with European club competitions and be equally managed and controlled by ECA and UEFA representatives, will be created by the end of…