Under a new income distribution plan unveiled on Wednesday, clubs that don’t make it into UEFA competitions will start receiving a bigger percentage of the money the European governing body earns starting in the following campaign.

The European Club Association (ECA) and UEFA have renewed their cooperation agreement through 2030. According to the governing body, this would “bolster long-term stability and sustainable growth in European club football.”

The modification will take effect with the 2024–25 season, which also heralds a new Champions League, Europa League, and Europa Conference League structure under UEFA.

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For the 2024–2027 cycle, a new model will allocate 7%—up from 4%—of the money UEFA makes from the three competitions to non-participating teams.

The adjustment will result in a share of 308 million euros ($330.02 million) being distributed to non-participating teams, up from the current 175 million euros, according to the European Leagues Association, which represents professional football leagues in Europe.

In a statement, it added that the announcement “will help all clubs across Europe to safeguard their competitiveness on and off the pitch while continuing to invest in youth and talent development.”

More information on the new system will be revealed later, according to UEFA.