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Prize money: The UEFA Champions League is one of the most lucrative club competitions in the world, with millions of euros in prize money being distributed to participating teams each year.

The top teams from each domestic league are eligible to participate in the competition, as are the winners of the domestic cup competitions. Qualification: Teams qualify for the UEFA Champions League based on their performance in their domestic leagues and cup competitions. The knockout stage consists of two-legged ties, with the winner of each tie advancing to the next round until the final, which is a single match played at a neutral venue. The teams are divided into eight groups of four, with the top two teams from each group advancing to the knockout stage. In 1992, the competition was rebranded as the UEFA Champions League and expanded to include more teams, including the runners-up of some of the top domestic leagues.įormat: The UEFA Champions League is a knockout competition that features 32 teams from across Europe. The competition was first held in 1955 under the name the European Cup and was open only to the champions of each domestic league.

It is the most prestigious club competition in European football and features the top teams from the continent's domestic leagues. The UEFA Champions League is an annual club football competition organized by the Union of European Football Associations (UEFA).

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