The UEFA Champions League has undergone its most significant overhaul since 2003, expanding to a 36-team league phase that replaces the traditional group stage. Each team now plays eight matches, with the competition extending into January. The prize money has surged by 25% to at least 2.5 billion euros. The top eight teams advance directly to the pre-quarterfinals, while teams ranked ninth to 24th enter a new knockout playoff round, increasing both competition and commercial appeal.