Published 12:45 IST, July 13th 2020

Simeone's impact at Atletico Madrid extends beyond field, manager generates €417m for club

Atletico Madrid have earned a total of €417 million under manager Diego Simeone, largely due to the revenue generated from Champions League participation.

Reported by: Minaam Ansari
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Manr Diego Simeone has played an important role in Atletico Madrid's rise, t just in Spain, but at European level. club have played in two Champions League finals under Argentine tactician along with a UEFA Super Cup victory on two occasions. However, former Atletico Madrid star's impact at club is t restricted to field alone, with a report suggesting that he has been pivotal in filling Atletico Madrid's coffers over seasons. 

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Atletico finances shot up by €417m under Simeone

Atletico Madrid defeated Real Betis 1-0 on Sunday to secure a Champions League berth for upcoming season, eighth consecutive time under Simeone. Los Rojiblancos' participation in European competition has brought about rich revenue for Madrid-based club over years. According to Spanish media publication Marca, Atletico Madrid have earned €417 million ($472 million) under Simeone since his appointment at Wanda Metropolita. 

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Atletico finances: Simeone's side earned €76m this season

This season is yet to reach its completion, but Atletico Madrid have already earned €76 million ($86 million) despite financial ramifications of coronavirus crisis. LaLiga giants have also been in sensational form in Europe as y defeated defending European champions Liverpool in Round of 16 of Champions League over two legs.

Meanwhile, club earned €50 million ($56 million) and €70 million ($79 million) in 2014 and 2016 respectively, coinciding with ir sensational campaigns in Champions League when y reached finals. However, y were defeated by city rivals Real Madrid on both occasions. Collectively, Atletico Madrid have earned a total of €417 million ($472 million) over seven seasons that team has participated in Champions League. 

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Simeone Atletico career brief

Simeone's Atletico Madrid career has been thing short of a roller-coaster ride. Under Argentine tactician, club have mand to beat likes of Real Madrid and Barcelona to win LaLiga title after a phemenal run in 2013-14. LaLiga giants have also bagged two Europa League triumphs, along with a Spanish Super Cup win. t long back, Simeone oversaw his side's victory in UEFA Super Cup in 2018 defeating Real Madrid after departure of Cristia Ronaldo and Zinedine Zidane. 

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Im courtesy: Atletico Madrid Twitter

12:45 IST, July 13th 2020