Man united could've earned £8.5m in UCL knockouts, £1m more than Europa League prize money

Man United's return to Champions League football lasted only till end of group st as Red Devils will begin new year with a return to Europa League. Ole Gunnar Solskjaer's side only needed a point to progress to kckouts but went 3-2 down in Germany against RB Leipzig. While this will d pressure on Solskjaer to produce results in or competitions, Red Devils will also lose a huge chunk of money due to ir unceremonious exit. 

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Man United UCL exit means Red Devils will lose out on at least £8.5 million

Man United have faced full effects of coronavirus pandemic and are one of few clubs named in Tier 3, meaning fans will t be returning to Old Trafford soon. ir Champions League exit on Tuesday night means that Man United finances will take a furr hit, which will be more prounced due to coronavirus pandemic. According to a report by Athletic, Man United missed out on a sizeable £8.5 million after ir defeat in Leipzig due to ir failure to qualify for kckouts. To put into perspective, Red Devils will earn only £7.7 million from Europa League winning prize, if y go on to lift trophy. Champions League football provided furr £9.5 million if Solskjaer's side me it to quarter-final, with £11million for qualification in final four. 

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However, Man United UCL exit will t hamper any of ir sponsorship dealings or deal with ir kit makers idas. Red Devils will receive entire £75 million annual payment due to ir qualification for Champions League. idas were eligible to cut £25 million off ir annual payment, in case Man United failed to qualify for Champions League for two seasons in a row. deal with shirt sponsors Chevrolet is also t affected, and terms will only change if Manchester United get relegated from Premier League. 

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Man United finances for first quarter were published last month which revealed that  club’s revenue was £109 million, down 19.5 per cent compared with same quarter last year. Red Devils saw matchday revenue fall significantly to £1.7 million as a direct result of COVID-19 pandemic with games played behind closed doors since March. Man United's commercial revenue also dropped by a massive 25.7 per cent, to £59.7 million. Brocast revenue saw a rise in first quarter largely due to Project Restart, with remaining games being played in July after league was suspended in March. 

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(Im Courtesy: Man United Instagram)