(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.
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UEFA reduces tickets prices for the 2013 European Champions League final
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The cheapest ticket for the match at London's Wembley Stadium will cost £60
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Reduction of 25% compared to last year's final at Munich Allianz Arena
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The cheapest available ticket when the final was last held at Wembley in 2011 cost £150
Of the 59,000 @placeholder seats on sale to the public for the biggest game in European club football, 20% will be sold at the cheapest "Category 4" price.