Manchester City earned €83.8 million (£75.8m) in Champions League prize money last season, topping the table of UEFA payments to clubs.
Although City lost in the semifinals to eventual winners Real Madrid, their share of lucrative British television rights lifted them above Madrid's €80m slice of the €1.345 billion UEFA prize fund.
Juventus were third with €76.2m despite losing in the last 16, with the Italian champions getting the largest TV rights share of almost €53m.
At over €69m, Chelsea, who fell at the first knockout hurdle, earned nearly as much as runners-up Atletico Madrid -- just under €500,000 less.
The Italian TV rights paid out €112m among three clubs, while the Spanish rights paid out €90m between five clubs.
City's TV payment was almost €47m, with the British rights sharing more than €140m among four clubs.
Clubs got a basic fee of €12m for being in the group stage, plus payments of €1.5m for each win and €500,000 for draws. An escalating series of fees was then paid for advancing through each knockout round.
Madrid earned an extra €15m for winning the final, with Atletico Madrid getting €10.5m as runners-up.
The payments were the first in a three-year cycle of Champions League broadcast and sponsorship deals.
UEFA predicts a 30 percent revenue rise for the 2018-21 seasons. Then, TV rights money distribution will be changed to reward how far a club progresses rather than how much its national rights are worth.
The current formula has annoyed clubs from smaller TV markets for years and last season's 40 percent share for the market pool was a reduction on the 55/45 split that had operated from 2012-15.
In the Europa League, UEFA paid out €37.8m (£34.2m) to Liverpool for their run to the final, slightly more than Sevilla earned for reaching the group stage of the Champions League and then winning the Europa League for a third straight season.
Tottenham were the second biggest earners from the Europa League alone, receiving €20.9m (£18.9m), despite only reaching the last-16 of the competition, where they were beaten 5-1 over two legs by Borussia Dortmund.
Liverpool profited from another quirk of the market pool system in that their compatriot clubs did relatively poorly, with West Ham and Southampton losing in the qualifying rounds, which meant there were fewer English claimants for the national TV money.
Information from Press Association and The Associated Press was used in this report.