Celtic chairman Peter Lawwell made the journey to Lisbon to participate in a crucial UEFA meeting focused on the upcoming changes to the Champions League. As Celtic gears up for a revamped Champions League campaign, Lawwell joined representatives from other top European clubs to discuss the new format, which will see an increase in revenue for all participating teams.
With the addition of four extra teams and changes to the qualifying process, Brendan Rodgers and his squad are eager to make their mark in the competition after facing difficulties in previous years. The importance of the meeting in Lisbon was emphasized by Lawwell, who highlighted the significance of the city to Celtic due to their historic European Cup victory in 1967.
Among the attendees were representatives from clubs such as Bayern Munich, Paris Saint-Germain, Arsenal, Atletico Madrid, and Borussia Dortmund, all coming together to discuss the financial factors and implications of the new Champions League format. The financial working group, led by Michael Verschueren, plays a crucial role in ensuring that the distribution and regulation of money in football is handled effectively.
The unanimous decision to implement changes to the Champions League reflects UEFA’s commitment to upholding the principles of fair competition and sporting merit. With the support of various stakeholders, including the European Club Association, European Leagues, and national associations, the new format is set to bring more unity to European football.
