The team from the capital, Petrovac and Dinamo, secured a victory over their capital rivals, resulting in a prize of 1.075 million euros from UEFA. Should they defeat Hajduk, Žalgiris stands to earn an additional 375 thousand euros. While the initial earnings surpassed projections by 750 thousand euros, A.
Tapinas noted that the actual financial benefit for the club is closer to 450 thousand euros. After accounting for all mandatory expenses, the net gain is estimated to be around 300 thousand euros, according to Tapinas’s “Substack” post. Furthermore, attending UEFA tournaments incurs expenses beyond just the prize money.
According to Tapinas’s calculations, the Vilnius-based “Žalgiris” club generated approximately 170 thousand euros through ticket sales, television broadcast rights, and the sale of flight tickets. These figures illustrate the various revenue streams involved in international competition. The reported earnings highlight the financial scale of the tournament participation.
Overall, the combined income from prizes and commercial activities provides a substantial influx of euros for the club.
Topics: #euros #thousand #earned
