💨 Abstract

The Union of European Clubs (UEC) proposed that UEFA allocate 5% of its revenue (around €220 million) to lower-ranked clubs that develop players who later excel in UEFA competitions. The UEC, representing 140 clubs, aims to address the wealth disparity in soccer. Only clubs not participating in the league phase of UEFA's top competitions would qualify for these payments.

Courtesy: wtop.com

Summarized by Einstein Beta 🤖