More European football clubs have been promised a greater share of UEFA's billions in commercial income from the European Championship and Champions League.

UEFA says around 580 clubs from across Europe's 53 football nations will now collect from a promised ?100 million ($127 million) fund from Euro 2012 profits.

UEFA also announced a 22 percent increase in Champions League revenue, to ?1.34 billion ($1.7 billion) for each of the next three seasons.

The Euro 2012 compensation scheme that pays clubs a daily rate for releasing players is now extended to include qualifying matches.

UEFA says ?60 million will be distributed for the finals tournament, and ?40 million among clubs represented in the 18-month qualification program.