{"id":299230,"date":"2023-12-13T11:26:08","date_gmt":"2023-12-13T11:26:08","guid":{"rendered":"https:\/\/sportslifetale.com\/?p=299230"},"modified":"2023-12-13T11:26:08","modified_gmt":"2023-12-13T11:26:08","slug":"man-utds-finances-take-hit-as-cost-of-champions-league-exit-is-discovered","status":"publish","type":"post","link":"https:\/\/sportslifetale.com\/soccer\/man-utds-finances-take-hit-as-cost-of-champions-league-exit-is-discovered\/","title":{"rendered":"Man Utd’s finances take hit as cost of Champions League exit is discovered"},"content":{"rendered":"

Erik ten Hag and Manchester United have cost the club up to \u00a345million in prize money by crashing out of the Champions League early. <\/p>\n

Well, that\u2019s if they had somehow got their act together and won the competition which is about as likely as the United boss growing a full head of hair. But that\u2019s the total figure for going all the way in Europe\u2019s showpiece event.<\/p>\n

In more realistic terms, their group stage exit means they lost out on \u00a38.2m to reach the last-16. There was a further \u00a310m on offer for reaching the quarter-finals with \u00a313.3m for the last-four and then \u00a317m for reaching the final and winning it.<\/p>\n

READ MORE: Jamie Carragher and Micah Richards brutally troll Peter Schmeichel live on air <\/b><\/p>\n

READ MORE: Premier League's hopes of fifth Champions League place suffer another big blow <\/b><\/p>\n

Those figures don\u2019t include broadcast revenue which can be as high as \u00a350m if a team goes all the way in the competition.<\/p>\n

Those figures will be significantly costly for United and their bean counters given their proximity to the line in the Profit and Sustainability rules in the Premier League. <\/p>\n

<\/p>\n

TNT is the only place you can watch all the action from the Champions League this year. You can see every game from the group stage right through to the final as Manchester City look to defend their crown as the newest kings of the World's biggest and best football tournament.<\/p>\n

\u00a329.99 a month<\/p>\n

UEFA\u2019s FFP rules are not fully in effect this year because they\u2019re moving over to a new system in the 2024-25 campaign. But it may mean their transfer business is significantly curtailed.<\/p>\n

They even missed out on around \u00a3400,000 if they\u2019d have finished third in their group and earned a Europa League play-off place, with around \u00a318m on offer for going all the way in that competition.<\/p>\n

But what United now must ensure is that they don\u2019t finish outside the top four – or maybe five – in the Premier League this season because that will mean no Champions League football next term.<\/p>\n

<\/p>\n

Even with their disastrous campaign in Europe this season, they earned \u00a314m for qualifying and a further \u00a33m for their one win and one draw.<\/p>\n

That was added to by a coefficient payment of around \u00a311m. All those figures don\u2019t include broadcast and matchday revenue with the club able to charge higher sums for hospitality packages when in Europe\u2019s top competition.<\/p>\n

Champions League is a must for next season even if United have been a disaster in this year\u2019s instalment.<\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Erik ten Hag and Manchester United have cost the club up to \u00a345million in prize money by crashing out of the Champions League early. Well, that\u2019s if they had somehow got their act together and won the competition which is about as likely as the United boss growing a full head of hair. 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