UEFA and the European Club Association (ECA) have renewed their working agreement until 2030, which will “bolster long-term stability and sustainable growth in European club football,” according to the governing body.

Clubs who do not qualify for UEFA competitions will earn a larger percentage of money from the European governing body beginning next season, according to a revised distribution model outlined on Wednesday.

UEFA and the European Club Association (ECA) have renewed their working agreement until 2030, which will “bolster long-term stability and sustainable growth in European club football,” according to the governing body.

The change will take effect at the start of the 2024-25 season, corresponding with the introduction of a new format in UEFA’s Champions League, Europa League, and Europa Conference League.

Under the new model for the 2024-2027 cycle, 7% of UEFA’s earnings from the three competitions will be paid to teams that do not compete in them, up from 4% previously.

According to the European Leagues Association, which represents European professional soccer leagues, the change will result in 308 million euros ($330.02 million) being divided among non-participating clubs, up from the current 175 million euros.

“Today’s announcement … will help all clubs across Europe to safeguard their competitiveness on and off the pitch while keeping investing in youth and talent development,” it said in a statement.

UEFA stated that more information about the new method will be released at a later date.

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