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Today Everton Chief Executive Keith Wyness urged Uefa continue with their plans to change the way in which the allocation of prize money is dealt with in European competitions.

This news comes after it was revealed that Everton’s run in the Uefa cup netted just £400,000 without TV revenue and Ticket sales. Which, when compared to Manchester United’s (£33.9m) and Liverpool’s (£21.1m) prize allocations for their respective runs in the Champions league, is a pretty dismal sum.

This huge difference between the two competitions prize money allocation is a problem that Keith Wyness believes needs to be resolved and has urged Uefa to change this.

Mr Wyness said “The figures released this week are a clear demonstration of why there needs to be a more balanced distribution of the European prize money available each season.”

“If the current situation continues then clubs simply will not be able to compete and the gaps in domestic leagues across Europe will become larger and larger and that outcome would not only be dangerous but also be a disservice to supporters who follow their clubs home and abroad.”

“At Everton our aim is to bridge the gap in the Premier League. We certainly believe we are moving in the right direction following the progress the team has made over the last few seasons and are now calling on the football authorities in Europe to aid us in our bid.”

Uefa have also realised this issue and aim to have the issue resolved by 2012. Uefa Director of communications said “We are confident that over the next three years the gap between the Champions League and the UEFA Cup will narrow.”

“We are well aware there are some imbalances in the revenue distribution which have a negative effect in national leagues by widening the gap between the rich and not so rich.

“We will talk to the clubs and see how they feel, and try to convince them that in the longer run it is not in their interest if, because of the way money is distributed, national leagues become too imbalanced.”

I think everyone will agree with Wyness on this as this is a serious issue that will need to be looked at. Lets hope UEFA do something.

This will be of little consolation to Everton fans as, because of this imbalance in prize money allocation, the top four continue to distance themselves from the rest of the league and it makes Everton’s aim of breaking into the top four next season that extra bit more difficult.

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