Champions League final: UEFA reduces ticket prices for showpiece football match
February 8, 2013 -- Updated 1323 GMT (2123 HKT)
The European Champions League final was last held at London's Wembley Stadium in 2011.
- UEFA reduces tickets prices for the 2013 European Champions League final
- The cheapest ticket for the match at London's Wembley Stadium will cost £60
- Reduction of 25% compared to last year's final at Munich Allianz Arena
- The cheapest available ticket when the final was last held at Wembley in 2011 cost £150
(CNN) -- It's official. To watch the 2013 European Champions League final -- arguably one of the most prestigious matches in world football -- will be not much more expensive than watching some top-flight English Premier League games.
With Europe in the grip of an economic downturn, European governing body UEFA has cut prices by 25% for its cheapest ticket for the May 25 final.
The cheapest ticket for the match at London's Wembley Stadium will cost £60 -- roughly $94 -- compared to £75 in 2012., though fans based in the United Kingdom will also have to pay an £8 administration fee.
Not cheap by any means, but only £6 more expensive than the price fans of English champions Manchester City had to pay when they watched their team take on London-based Arsenal last month at the Emirates Stadium
Read: Messi signs new Barcelona deal
Will Mourinho replace Ferguson?
Tactics: Ronaldo vs. Van Persie
Michael Owen's Liverpool regret?
Of the 59,000 Wembley seats on sale to the public for the biggest game in European club football, 20% will be sold at the cheapest "Category 4" price.
The other three ticket categories available to punters increase in price from £140 to £330.
The capacity of Wembley Stadium for the match will be 86,000, with each team receiving 25,000 seats and the remaining 9,000 going on sale to fans around the world.
According to UEFA's website, the remaining 27,000 tickets will be "allocated to the local organising committee, national associations, commercial partners and broadcasters, and to serve the corporate hospitality program."
Read: FIFA - "Governments must help fight match-fixing"
The price of football tickets in the British capital has been a source of contention in recent months.
Soccer vs Gridiron
City fans were outraged with the price they were charged to watch their team's match at the Emirates Stadium, especially given Aston Villa supporters will pay just over half that sum -- £35.50 -- when their club heads to north London on February 23 for a Premier League fixture.
The price of the 2013 Champios League final is a drastic reduction from 2011, the last time the event was held at Wembley.
Then the cheapest tickets cost £150 for the final between Barcelona and Manchester United, with UEFA president Michel Platini forced later to apologize for his organization's pricing strategy.
The Champions League final, which was held at Munich's Allianz Arena in 2012, looks a steal compared to ticket prices for last weekend's Super Bowl.
Gridiron fanatics who wished to purchase tickets for the New Orleans showdown between the Baltimore Ravens and the San Francisco 49ers had to pay between $850 and $1250 for face-value tickets.
Part of complete coverage on
August 15, 2014 -- Updated 1151 GMT (1951 HKT)
Last season Jose Mourinho wrote off the title of hopes of his "little horse" -- but now he has a squad primed to dethrone Manchester City.
August 14, 2014 -- Updated 1858 GMT (0258 HKT)
Luis Suarez will have to wait until late October to make his competitive Barcelona debut his ban for biting an opponent was partially upheld.
August 14, 2014 -- Updated 1649 GMT (0049 HKT)
Can Louis van Gaal cut it at Manchester United? Will Bayern conquer all in Germany? Is this PSG's year to win the Champions League?
August 7, 2014 -- Updated 1012 GMT (1812 HKT)
It's been a difficult year for Barcelona on and off the pitch, and the signing of Luis Suarez has only increased the prospect of more controversy.
August 11, 2014 -- Updated 1435 GMT (2235 HKT)
Germany striker Miroslav Klose, who scored a total of 16 goals at four World Cup finals, has announced his retirement from international football.
July 31, 2014 -- Updated 1145 GMT (1945 HKT)
When celebrating an important anniversary, it's always good to look your best. At least that's theory for a Spanish football team's preseason tuxedo kit.
July 30, 2014 -- Updated 1103 GMT (1903 HKT)
While many top European clubs are targeting the U.S. market, French football is setting its sights on expanding into Asia -- with China playing a key role.
July 27, 2014 -- Updated 1229 GMT (2029 HKT)
Major League Soccer has snared another big name from England with former Chelsea star Frank Lampard committing his future to New York City FC.
July 23, 2014 -- Updated 1656 GMT (0056 HKT)
Europe's top clubs have booked a summer holiday to the U.S. -- but this is business not pleasure as they look to cash in on the World Cup afterglow.
July 22, 2014 -- Updated 1828 GMT (0228 HKT)
Former World Cup-winning captain Dunga is appointed coach of Brazil's national team for the second time, charged with restoring national pride.
July 22, 2014 -- Updated 1420 GMT (2220 HKT)
Colombia's World Cup star James Rodriguez continues Real Madrid's long tradition of signing "Galacticos."
July 21, 2014 -- Updated 1007 GMT (1807 HKT)
Germany's World Cup-winning captain Philipp Lahm has decided to go out at the top by announcing his retirement from international football.
Today's five most popular stories