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Analysis

Manchester City in Europe: £227.7m for going through, and the clubs on the other side

Part 2. A count from UEFA's own payments, not a measure of what other clubs lost. UEFA paid Manchester City £227.7m (€264.7m) for going through rounds of its competitions from 2010/11 to 2025/26. What the next round was worth in the sixteen knockout ties City won, why Sevilla twice did better in the Europa League than a Champions League round of 16 would have paid, what followed from the 2023 treble, and why none of it is added to part 1. The commission's finding is under appeal.

By Updated · View updates11 min read

Latest note, 25 October 2026 (second): methodology change, no figure changed. All 2 correction notes are at the end.

13 October 2026.

Part 2. What UEFA paid City for each round, what the next round was worth to the clubs City beat, and why moving up is not always a gain.

Part 1 took Manchester City’s row out of every Premier League table and followed the money to the rest of English football. This part follows City into Europe.

On 29 September 2026 the Premier League announced that an independent commission had found Manchester City in breach of the League’s financial rules across nine seasons, 2009/10 to 2017/18. City have appealed, and sanctions have not been decided.

European football pays by the round. Reach the round of 16 and UEFA pays a fixed sum; reach the quarter-finals and it pays another. So there is a simple record to start from: what UEFA paid Manchester City for going through.

UEFA’s payments In pounds at the time Carried to 2026 at 5% a year
2010/11 to 2017/18 (the last eight of the nine seasons of the finding) €45.0m £36.5m £58.5m
2018/19 to 2025/26 €219.7m £191.2m £231.0m
All sixteen seasons €264.7m £227.7m £289.5m

£227.7m at the time (€264.7m). Carried forward at 5% a year, a rate we chose for illustration and not one any court has set, it is £289.5m.

Three things this figure is not:

1. What City was paid, season by season

Season What UEFA paid City for Total In pounds at the time
2010/11 Europa League round of 32: €0.20m; Europa League round of 16: €0.30m €0.50m £0.4m
2011/12 Europa League round of 32: €0.20m; Europa League round of 16: €0.30m €0.50m £0.4m
2013/14 round of 16: €3.50m €3.50m £2.9m
2014/15 round of 16: €3.50m €3.50m £2.7m
2015/16 round of 16: €5.50m; quarter-finals: €6.00m; semi-finals: €7.00m €18.50m £13.9m
2016/17 round of 16: €6.00m €6.00m £5.2m
2017/18 round of 16: €6.00m; quarter-finals: €6.50m €12.50m £11.1m
2018/19 round of 16: €9.50m; quarter-finals: €10.50m €20.00m £17.6m
2019/20 round of 16: €9.50m; quarter-finals: €10.50m €20.00m £17.6m
2020/21 round of 16: €9.50m; quarter-finals: €10.50m; semi-finals: €12.00m; final: €15.00m €47.00m £41.7m
2021/22 round of 16: €9.60m; quarter-finals: €10.60m; semi-finals: €12.50m €32.70m £27.7m
2022/23 round of 16: €9.60m; quarter-finals: €10.60m; semi-finals: €12.50m; final: €15.50m; winner: €4.50m €52.70m £45.8m
2023/24 round of 16: €9.60m; quarter-finals: €10.60m €20.20m £17.4m
2024/25 league-phase ranking for 22nd place: 15 shares at UEFA’s initial value: €4.12m; its share of the money left undistributed by drawn matches, which UEFA allocates by ranking: €0.28m; knockout play-offs: €1.00m €5.41m £4.5m
2025/26 league-phase ranking for 8th place: 29 shares at UEFA’s initial value: €7.97m; its share of the money left undistributed by drawn matches, which UEFA allocates by ranking: €0.76m; bonus for 1st to 8th: €2.00m; round of 16: €11.00m €21.74m £18.9m

There is no line for 2012/13: City finished fourth in their group that season and received none of these payments.

£36.5m of it falls in the seasons of the commission’s finding, and £191.2m in the seasons after. Each season’s figure is reconciled to the components of City’s line in UEFA’s published table of payments, where one exists. Four early lines (2010/11, 2011/12, 2014/15 and 2017/18) have been read once, not twice.

One classification is ours. From 2024/25 UEFA pays for league-phase ranking in two parts: a number of shares at a fixed value, and a share of the money left undistributed when matches are drawn, which it also hands out by ranking. UEFA’s table prints the second beside the win and draw bonuses; we count it with the ranking, because ranking decides it. In 2024/25 that was €4.12m and €0.28m. In 2025/26 that was €7.97m and €0.76m. The 2025/26 figures are calculated from the results and UEFA’s provisional amounts; UEFA has not yet published its table for that season.

2. 16 ties, and what the next round was worth

City won 16 two-legged ties over these seasons, against 14 clubs. For each, this is what UEFA paid for the round the winner went on to.

Season City beat In the The next round paid In pounds at the time
2010/11 Aris Thessaloniki (GRE) Europa League round of 32 €0.3m for the round of 16 £0.3m
2011/12 FC Porto (POR) Europa League round of 32 €0.3m for the round of 16 £0.3m
2015/16 Dynamo Kyiv (UKR) Champions League round of 16 €6.0m for the quarter-finals £4.5m
2015/16 Paris Saint-Germain (FRA) Champions League quarter-finals €7.0m for the semi-finals £5.2m
2017/18 FC Basel (SUI) Champions League round of 16 €6.5m for the quarter-finals £5.8m
2018/19 FC Schalke 04 (GER) Champions League round of 16 €10.5m for the quarter-finals £9.3m
2019/20 Real Madrid (ESP) Champions League round of 16 €10.5m for the quarter-finals £9.2m
2020/21 Borussia Mönchengladbach (GER) Champions League round of 16 €10.5m for the quarter-finals £9.3m
2020/21 Borussia Dortmund (GER) Champions League quarter-finals €12.0m for the semi-finals £10.6m
2020/21 Paris Saint-Germain (FRA) Champions League semi-finals €15.0m for the final £13.3m
2021/22 Sporting CP (POR) Champions League round of 16 €10.6m for the quarter-finals £9.0m
2021/22 Atlético Madrid (ESP) Champions League quarter-finals €12.5m for the semi-finals £10.6m
2022/23 RB Leipzig (GER) Champions League round of 16 €10.6m for the quarter-finals £9.2m
2022/23 Bayern München (GER) Champions League quarter-finals €12.5m for the semi-finals £10.9m
2022/23 Real Madrid (ESP) Champions League semi-finals €15.5m for the final £13.5m
2023/24 FC Copenhagen (DEN) Champions League round of 16 €10.6m for the quarter-finals £9.1m

Read each line on its own. They are alternatives, not a list of clubs that all missed out: if Borussia Mönchengladbach had beaten City in the 2020/21 round of 16, City would never have met Borussia Dortmund in the quarter-final. That is why this table has no total.

A few things stand out:

3. Sevilla: when moving up is not a gain

Until 2023/24 the top two in each Champions League group went through and the third dropped into the Europa League. Take City out of a group it qualified from, and the third-placed club goes to the round of 16 instead.

That sounds like a gain. It is not always one.

Season Third behind City The round of 16 paid In the Europa League it Which paid Difference
2013/14 Viktoria Plzeň €3.5m reached the round of 16 €0.55m +€2.95m
2014/15 AS Roma €3.5m reached the round of 16 €0.55m +€2.95m
2015/16 Sevilla FC €5.5m won it €10.25m -€4.75m
2016/17 Borussia Mönchengladbach €6.0m reached the round of 16 €1.25m +€4.75m
2017/18 Napoli €6.0m reached the round of 32 €0.50m +€5.50m
2018/19 Shakhtar Donetsk €9.5m reached the round of 32 €0.50m +€9.00m
2019/20 Shakhtar Donetsk €9.5m reached the semi-finals €5.50m +€4.00m
2020/21 Olympiacos €9.5m reached the round of 16 €1.60m +€7.90m
2021/22 RB Leipzig €9.6m reached the semi-finals €6.30m +€3.30m
2022/23 Sevilla FC €9.6m won it €14.90m -€5.30m
2023/24 Young Boys €9.6m reached the knockout round play-offs €0.50m +€9.10m

Twice Sevilla finished third behind City. Twice it dropped into the Europa League and won it. On UEFA’s round payments, the Europa League run paid Sevilla more than a place in the Champions League round of 16 would have: by €4.75m in 2015/16 and by €5.30m in 2022/23. And winning the Europa League carried a place in the next season’s Champions League, which is not in these figures at all.

For most of the other clubs the round of 16 would have paid more. But the comparison is between two things that happened, not a forecast: nobody knows how Sevilla, or anyone else, would have fared in the competition it was not in.

4. The 2023 treble, and what followed from it

City won the 2022/23 Champions League by beating Inter 1-0. The winner’s place brought further opportunities:

City went out of the 2025 tournament in the round of 16 and came home with a reported USD 51.7 million. FIFA’s prize table explains the figure: USD 38.19 million, the top amount for taking part, plus USD 2 million for each of three group wins and USD 7.5 million for the round of 16.

What if City had not been there? Two cases need keeping apart. If City had simply lost the 2023 final, their results over the four seasons might well have taken them to the tournament by ranking anyway. If City are taken out of European competition altogether, as in this series, they have no ranking, and England’s second place goes to another English club. It was reported at the time that Liverpool were the club the cap kept out. A club taking that place at the lowest European amount would have been paid USD 12.81 million for being there, and USD 26.31 million with City’s results. That is an illustration of what the place was worth, not a figure for Liverpool: FIFA did not publish each club’s amount.

5. Why none of this is added to part 1

Part 1 removes City’s row and hands each European place one berth down the table. A club that stays in the same competition keeps its own results, and a club that moves into a competition is credited with what UEFA paid the club that held the berth it takes, less what it was paid for the place it leaves. City’s payments enter part 1 only where a club moving up takes a berth City itself held; everywhere else, the money in this article is not in part 1 at all. The two answer different questions, what City earned round by round and what other clubs would have been paid, so they are kept apart rather than added.

How we built it

This is a count from public information. It is not a claim that any club is owed anything, and it is not legal or financial advice.

More on the Manchester City caseThe ruling, what it could cost City, and what it cost the others


The Premier League’s statement of 29 September 2026 reported the commission’s finding for the seasons 2009/10 to 2017/18. Manchester City has appealed, as the League confirmed on 2 October 2026. Sanctions have not been determined. Nothing in this article assumes the outcome of the appeal or any sanction.

Corrections and updates (2)

25 October 2026 · Methodology change · no figure changed

Correction, 25 October 2026. No figure changed. Two sentences described Part 1’s method before 14 October, when it valued a European place at what an English club typically earned. Part 1 now values each place at what UEFA paid the club that actually held it. The sentences describe that method.

25 October 2026 (second) · Methodology change · no figure changed

Correction, 25 October 2026 (second). No figure changed. Section 5 said part 1’s count and this article’s payments are partly the same money, by an amount that cannot be known without replaying the competition. That described part 1’s method before 14 October. Part 1 now values a place a club moves into at what UEFA paid the club that held that berth, and a club that stays in a competition keeps its own results, so City’s own payments enter part 1 only where a club takes over a berth City held. The section is rewritten to say so.