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Liverpool will earn €4.5m (£4.2m) in prize money alone tonight if they are able to beat Chelsea in the 2019 UEFA Super Cup.

The Reds will earn €3.5m just for turning up tonight's fixture in Istanbul; an extra €1m is on the table for the victor.

Held every year in a different European city, the UEFA Super Cup pits the winner of the 2018/19 Champions League against the winner of the 2018/19 Europa League.

The prize money, though not insignificant to either club, is only a small percentage of the approximate €110m Liverpool earned in collecting their sixth European cup with victory over Tottenham Hotspur in June.

Combined with money earned through finishing runners up in the Premier League last season, Liverpool are said to have banked roughly £250m from UEFA and the Premier League in 2018/19.

Playing in the far less lucrative Europa League, Chelsea are reported to have earned around €40m in beating Arsenal to win their second Europa League trophy in six years.

Liverpool are looking to win the Super Cup for the first time since 2005, when they overcame UEFA Cup winners CSKA Moscow after their dramatic win, also in Istanbul, against AC Milan.

The Blues played consecutive Super Cup matches in 2012 and 2013 after winning the Champions League and Europa League in successive years: both matches ended in defeat for Chelsea.

History will be made tonight regardless of the result as French official Stéphanie Frappart becomes the first woman to referee the final of a UEFA men's competition.

Meanwhile, the much-discussed video assistant referee - commonly known as VAR - will be used for the first time in the UEFA Super Cup.