KIEV, Ukraine (AP) — More European soccer clubs have been promised a greater share of UEFA's billions in commercial income from the European Championship and Champions League. UEFA says around 580 clubs from across Europe's 53 soccer nations will collect from a promised $127 million fund from Euro 2012 profits. UEFA also announced a 22-percent increase in Champions League revenue, to $1.7 billion for each of the next three seasons. The Euro 2012 deal that pays clubs a daily rate for releasing players is now extended to include qualifying matches. UEFA says $76 million will be distributed for the finals tournament, and $51 million among clubs represented in the 18-month qualification program.
European clubs richer from Euro, Champs League
— Jun. 30 9:52 AM EDT
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Spain's Cesc Fabregas celebrates with his teammate Iker Casillas after scoring the decisive penalty shootout during the Euro 2012 soccer championship semifinal match between Spain and Portugal in Donetsk, Ukraine, Thursday, June 28, 2012. (AP Photo/Jon Super)
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