Cypriot champions APOEL have earned a much-welcome cash boost of just under €7million for the campaign so far in Europe.
Thomas Christiansen’s side missed out on the huge payout from the Champions League after being dumped out of the competition playoffs by FC Copenhagen back in August but their strong start in the second-tier Europa League is also paying off great dividends.
APOEL’s winning start in the group – following victories over FC Astana (2-1) and Olympiacos (1-0) – means that they have cashed in on a grand total of €6.9m from UEFA.
Out of that figure, €250,000 is from the market pool designated for Cyprus along with the bonus from competing in the Champions League second qualifying round (€320,000), the Champions League playoffs (€3m), as well as €2,860,000 from entering the Europa League groups.
The money from the Champions League third qualifying round has yet to be estimated as have the overall ticket sales.
APOEL’s wins over Astana and Olympiacos saw the Nicosia club pocket a cool €720,000 with UEFA handing out €320,000 cash bonuses to teams for every victory they pick up in the Europa League groups and €120,000 for every draw.
Should APOEL clinch its first ever place in the Europa League Last 32, then the Nicosia club will bag a cash prize of €500,000. APOEL top will collect an additional €500,000 if they top their group. They get €250,000 if they finish second.
APOEL will next take on Young Boys of Switzerland in the Europa League with victory and a draw all but guaranteeing them a place in the next round.
APOEL are currently second in the Cypriot title race, two points behind leaders AEK Larnaca.