The remaining 16 clubs in the Champions League can potentially earn an additional €16m in bonus payments from UEFA.
With the knockout draw being held on Friday the qualified teams have already netted €3m through their progression from the group stages with further payments dependant on which stage they reach.
Clubs receive €3.3m for reaching the quarter-finals and €4.2m for a semi-final place. The winners of the final at Wembley Stadium on 28 May will collect a further €9m, with €5.6m going to the runners-up.
This on top of minimum €7.2m all clubs in the group stages will have netted over the six games.
Furthermore the payments do not include clubs right to a share of the market pool based on the commercial value of their domestic television market and their Champions League gate receipts.
All four Premier League clubs participating in the competition – Manchester United, Arsenal, Tottenham Hotspur and Chelsea, qualified from the group stage.