Barcelona have earned the third-most revenue from the UCL

The UEFA Champions League is the biggest and the most prestigious club tournament in Europe.

All elite clubs across the continent vie to lift the trophy while just entering the competition is a matter of pride as well as a financial benefit for most clubs.

Initially known as the European Cup, the tournament was rebranded as the UEFA Champions League in 1992.

Since the change of name and format, Real Madrid have been the most successful team in the competition, winning it seven times, while lifting the trophy 13 times in total. Barcelona, meanwhile, have won the tournament on five occasions in total.

However, as per an update from Italian publication Gazzetta dello Sport (h/t Sempre Inter), it is Bayern Munich that have earned the highest revenue since the renaming and rebranding of the competition. The German champions have raked in a massive €1.037 billion in earnings from the UCL.

Real Madrid come in a close second, with revenue of €1.036 billion, whereas Barcelona are third on the list, having made a massive €984 million from earnings in the Champions League from 1992/93 to 2020/21.

The Catalan giants last tasted success in the competition in 2015 under then-manager Luis Enrique. They endured a terrible run in the current campaign in the Champions League as they were eliminated at the group stages itself, being outdone by Bayern Munich and Benfica.

With the Blaugrana currently battling for a top-four finish in La Liga, they could end up entirely missing out on qualification for the competition for next term. However, things have been looking up under Xavi Hernandez as Barcelona look to qualify for the Champions League for 2022/23.