The restructuring of the Champions League format has affected the distribution of income, and Real Madrid is facing a less favorable economic situation. While Barcelona has raised €54.5 million and Atletico Madrid €53 million,

After a chaotic final Champions League league phase matchday, Real Madrid now know their two potential opponents for the knockout phase playoffs.

The UEFA Champions League's first-ever league phase came to a dramatic close on Wednesday, setting up for an equally entertaining knockout stage that begins in two weeks' time. The introduction of the new format means the Champions League will introduce a new phase of competition in February when 16 teams will take part in the knockout round playoffs.