NYON, Switzerland (AP) — Europe’s top soccer clubs have reached a new cooperation agreement with UEFA to give them a bigger share of European Championship profits and insure salaries for players injured on international duty.
The European Club Association says the accord runs through May 2018, but “unsatisfactory” talks with FIFA are locked in stalemate.
ECA chairman Karl-Heinz Rummenigge announced the “major breakthrough” with UEFA at a meeting of the 200-club group in Warsaw, Poland.
Clubs will share a “substantially increased” sum on the $74 million previously agreed from Euro 2012 profits.
Before Euro 2012, UEFA will fund “insurance covering the injury risk of players” whom European clubs release to play for any national team.