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The UEFA Champions League is an annual club Football competition organised by the Union Of European Football Associations (UEFA) for the most successful football clubs in Europe. It is one of the most prestigious club trophies in football along with South America 's Copa Libertadores . It has a global audience of more than a billion people. The tournament was inaugurated in the under the name of the European Cup, but since the 1992–1993 season the competing teams have been the top-ranked teams of Europe and the tournament has been renamed the UEFA Champions League, though the UEFA Champions League is not to be confused with the UEFA Cup , the second most important championship for European club teams. The current holders of the UEFA Champions League trophy are Liverpool F.C. of England . Since Liverpool lost to Benfica 0–3 on aggregate at Anfield , a new winner will be decided at the Stade De France on Wednesday May 17 2006 , and will receive a new trophy as Liverpool's fifth success in the competition ensured they remained owners of the old one. The 2006 final will pit Arsenal F.C. of England against FC Barcelona of Spain. FORMAT The tournament consists of several stages and begins with three preliminary knockout qualifying rounds. Different teams start in different rounds, according to their position in domestic league and the UEFA Coefficients of their league, while the sixteen top ranked teams spread across the biggest domestic leagues are directly qualified. In each subsequent preliminary round, participating teams are paired, with aggregate winners proceeding into the next round. Qualifying rounds span from mid-July to late August. The losers of the third qualifying round are transferred to the UEFA Cup , while the sixteen winners of the final qualifying round are joined by the 16 teams who have qualified directly, to participate in the group stage. They are drawn into eight groups of four teams, each team playing every other team in the group twice (home and away). The group stage is played between mid-September and early December. The teams finishing third in their groups are transferred to the UEFA Cup, while the top two teams from every group qualify for the next round. Here the sixteen remaining teams take part in the knock-out stages, which starts in late February and end with the final match in May. All qualifying round and knock-out ties are two-legged, with each team hosting one match. The team which scores the greater aggregate number of goals qualifies for the next round. The Away Goals Rule applies. Extra Time and penalty kicks are used to determine the winner, if necessary. An exception is the final, which is a single match played at a predetermined site. The draws are currently structured to ensure that clubs representing the same national association cannot play each other until the quarter-finals. In addition, seeding of the teams according to their UEFA coefficients is used. The competition system has been undergoing changes since the 1991/92 season (see History ). The current system was adopted in 2003. QUALIFICATION The UEFA Champions league is open to the league champions of all UEFA member associations (except Liechenstein, Andorra and San Marino), as well as to the clubs finishing from second to fourth position in the strongest leagues. The number of places in the competition depends on the association's rank in the UEFA Coefficients table:
An association's rank also determines the stage at which the clubs enter the competition. For example, the highest-ranked association has two places in the group stage (for champions and runners-up) and two in the third qualifying round (for third and fourth-placed teams), whereas the lowest-ranked associations have only one place in the first qualifying round for their champions. Nine highest-ranked associations have at least one automatic place in the group stage. An additional place in the group stage is reserved for the title-holders, in case they don't qualify via their domestic league. However, an association is limited to sending at most 4 clubs for a season. This means that if the title-holders come from a league given 4 positions, but finish out of the top 4, it will take the place of the 4th placed team. The 4th placed team will go to the UEFA Cup. In addition to sporting criteria, any club must be licensed by its national association to participate in the Champions league. To obtain a licence, club must meet certain stadium, infrastucture and finance requirements. There was controversy when Liverpool won the competition in 2004/2005, but finished outside the top four in the Premiership . The English FA ruled that Everton FC (who finished fourth) would get the final spot. However UEFA came to an agreement that both Merseyside rivals would be allowed to enter the competition with Liverpool starting from the first round and Everton starting from the third round. Liverpool became the first team to negotiate all three rounds of qualification and reach the Champions League knockout phase (although this feat was matched by Artmedia Bratislava of Slovakia ). Manchester United and FC Porto are the teams with most presences in the group stages: twelve each. HISTORY See Also: European Cup and Champions League History Originally known as the European Champion Clubs' Cup, or simply abbreviated to '''European Cup''', the competition began in 1955/56 using a two-leg knockout format where the teams would play two matches, one at home and one away, and the team with the highest overall score qualifying for the next round of the competition. Entry was restricted to the teams that won their national league championships, plus the current European Cup holder. This qualification system continued until 1997. From the 1997/98 season, the rules were changed to provide the cup with more exposure (and the extra sponsorship money that came with it), and to try to make it more "exciting". Teams other than national champions were allowed to compete, based on the relative strength of the football in that nation - from UEFA's point of view, a team finishing second in the Spanish La Liga would be more deserving of an automatic place in the Champions League than a team finishing first in, for example, Poland . As a result, the system was restructured to force "weaker" national champions to qualify for the group stages, while other, "stronger" national runners-up would automatically get places. The competition is organised and run annually in a similar manner to the Copa Libertadores in South America . EUROPEAN CUP AND CHAMPIONS LEAGUE FINALS See Also: European Cup and Champions League finals The Champions League final is the most important match of the season in European club football. The stadium to host the final is selected by UEFA two years before the match. The next UEFA Champions League final will be held at Stade De France on May 17 2006 . The 2006-07 season final will take place at the Athens Olympic Stadium . The rebuilt Wembley Stadium in London is one of the candidates to host the 2007–2008 season final. {Link without Title} Real Madrid CF have won this competition nine times. The next most successful teams are A.C. Milan (six titles), Liverpool (five titles), Bayern Munich and AFC Ajax (four titles). For complete list of the winners, see European Cup And Champions League Statistics . The winning club gets possession of the trophy at the awards ceremony, but must return it to UEFA headquarters two months before the following year's final. UEFA gives the winners a scaled-down replica of the trophy to keep permanently, and winning clubs are free to make replicas of the trophy as long as they are clearly marked as replicas and are no larger than 80% of the size of the actual trophy. However, the current competition rules also specify that the actual trophy will be permanently awarded to a team that wins three consecutive years or five times in all. {Link without Title} Six clubs have been awarded the trophy permanently:
THE HYMN The , German , and French . The hymn's Chorus is played before each UEFA Champions League game, as well as at the beginning and end of television broadcasts of the matches. The complete hymn is about three minutes long, and has two short Verse s and the chorus. The hymn has never been released commercially, although it is available to Download using Peer-to-peer music-sharing programs. Lyrics :"Ceux sont les meilleures équipes, sie sind die allerbesten Mannschaften, the main event, die Meister, die Besten, les grandes équipes, the champions. :"Une grande réunion, eine große sportliche Veranstaltung, The main event, Ils sont les meilleurs, sie sind die Besten, These are the champions, die Meister, die Besten, les grandes équipes, the champions. :"Die Meister, die Besten, les grandes équipes, the champions." A rough Translation : :"They are the best teams, they are all the best teams, the main event, the champions, the best, the great teams, the champions. :"A great meeting, a great sporting event, the main event, they are the best, they are the best, these are the champions, the champions, the best, the great teams, the champions. :"The champions, the best, the great teams, the champions." FINANCIAL UEFA Champions League is a highly profitable competition for the clubs that reach the group stage. UEFA distributes part of the revenue obtained from television deals between these clubs. For example, the payments for the 2004/05 competition ranged from €3.8m ( Sparta Prague ) to 30.6 million Euro s(Liverpool). UEFA estimates the amount of money to be given to the 32 participants of the 2005/06 group stage as 430 million euros.[http://www.uefa.com/competitions/UCL/news/Kind=1/newsId=344540.html Clubs make additional money from ticket sales, corporate hospitality, merchandising and so on. SEE ALSO
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