Champions League final will bring 52 mil euros economic benefit to London

PanARMENIAN.Net - The Champions League final between Manchester United and Barcelona on Saturday May 28 will generate 369 million euros ($525 million) across Europe's economy.

The winners will scoop an estimated 126 million euros thanks to "prize money, an increase in squad value, enhanced television and media rights and greater brand equity," according to a survey by the global payments group.

The losers will pocket 73 million euros, while the economic benefit to host city London will be 52 million euros as fans spend money in bars, hotels and at Wembley stadium, the final venue.

Europe's economy will also reap 100 million euros and the city of the winning club 18 million euros thanks to increased consumer spending and tourism.

The total benefit of 369 million euros is a five percent rise compared with the final in 2010, when Inter Milan beat Bayern Munich.

"Manchester United FC versus FC Barcelona is the dream final as far as most football fans are concerned. But the English and Spanish champions are two of the most successful teams off the pitch too," said the study's author Simon Chadwick.