Newcastle United’s stunning Champions League prize money so far - and what could follow

Newcastle United’s impressive start to their Champions League campaign has already earned the Magpies a significant financial boost.

In producing unquestionably one of the most memorable Premier League seasons in recent years, Eddie Howe’s men secured a first shot at Champions League football in over two decades and ensured just shy of £13m swelled the St James Park coffers for qualifying and participating in this season’s competition.

However, further income has already been secured after the Magpies fought their way to a goalless draw in their opening group stage clash with AC Milan before romping to a 4-1 win against Paris Saint-Germain at St James Park earlier this month.

Every group stage win earns around £2.4m in prize money, with a draw being rewarded with approximately £803k, and that money is pooled and redistributed to clubs across all groups based on the number of wins they secure.

That means Newcastle have already guaranteed over £15m worth of income by qualifying for the competition for the first time since the days of Sir Bobby Robson and Alan Shearer and taking four points from their opening two group stage fixtures.

With four group stages fixtures remaining, United will have a golden opportunity to earn further prize money and take a step closer to progressing into the knockout stages when they face a home and away double-header with German giants Borussia Dortmund before return games against Milan and PSG.

Should Howe’s side progress into the last 16, they will be in line to receive at least a further £8.3m, which is handed to clubs that suffer a defeat in the first knockout phase. That figure increases to £9.1m in the quarter-finals, £10.8m in the semi-finals, the losing finalist will receive £13.4m and this season’s Champions League winner will receive an additional £17.2m.

Newcastle will also earn further money based on their ten-year UEFA coefficient – although their absence from European competition means they will receive significantly less than clubs that have competed in the Champions League and Europa League over that time.