CL prize money to rise in 2015-18

Champions League clubs’ share of billion-dollar annual prize money is set to rise through 2018 as their need for income increases in the ‘Financial Fair Play’ era. The agency marketing Champions League rights on behalf of UEFA said on Monday that clubs will be ‘happy’ with their increase when the next deals kick in. Switzerland-based TEAM Marketing is currently selling broadcast and sponsorship deals for the 2015-18 seasons, which follow existing three-year deals worth 1.34 billion euros annually.  ‘It is a fantastic time ‘15 to ‘18, we will generate growth and we will see happy clubs with the results,’ TEAM director Martin Wagner said. ‘The clubs are expecting growth and we will manage that.’