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Arranged by the Union of European Football Associations (UEFA) in 1955, the UEFA Champions League is a Football cup tournament, in which the best Football clubs, from Europe, participate. The UEFA Champions League is the most celebrated and watched Football event globally.
The competition comprises various stages. At present, it kicks off in mid July with 3 knockout rounds and one play-off round. Next, 10 winning teams join 22 other teams in the grouping phase, involving 8 groups, with 4 teams in each. The 8 group winning teams and runner up teams participate in the knockout phase, after which the final match takes place in May. Whoever wins the UEFA Champions League, will earn itself an entry in the UEFA Super Cup and the FIFA World Cup.
Background
The competition first began, during 1955-56, with a format, which allowed teams to play 2 matches-one in their homeland and the other one abroad. The team achieving the highest score secures a spot in the next match. During 1992-93, the format was updated by adding the group stage and the competition was renamed to UEFA Champions League. Since then, there have been various changes in the overall tournament format with increased number of rounds, including more teams.
Winners
Real Madrid was a consistent 5 time winner, in the time the tournament was launched and maintains a record of most wins (9 times). As for clubs, Spain’s La Liga has earned the most success through its wins (9 wins from Real Madrid and 4 from Barcelona). Teams, from Italy Serie A, have appeared the most number of times (26 appearances). England, also earned success with 4 winning clubs, but its clubs were banned from the tournament due to a mishap at Heysel, in 1985.
Barcelona won the 2011 UEFA Champion League on May 28th, after beating England Manchester United.
Prize Money
Beginning of 2010-11observed that winning team of the play-offs round is awarded €2.1 million. Teams who make it to the group stage are awarded €3.9 million and €550,000 for every match. The group match winner gets €800,000, while a draw values €400,000. Teams, getting to the first knockout match, are awarded €3 million, for every quarter finalist €3.3 million; teams reaching the semi finals are paid €4.2 million each, the winning team takes €9 million and runners-up team is awarded €5.6 million.
Sponsors
The UEFA Champions League is sponsored by 7 international companies, entailing
- MasterCard
- Ford
- UniCredit
- Sony Computer Entertainment Europe
- Sony Europe
- Heineken
- Adidas
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