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Manchester United will be counting the cost of their disastrous exit from the UEFA Champions League group stage, which could severely affect their transfer business
Manchester United’s exit from the group stage of the UEFA Champions League has had far-reaching consequences for their finances, as the Red Devils are set to miss out on a large financial windfall due to their disappointing performance.
Manchester United’s disastrous UCL campaign
Despite being one of the favourites to qualify from their Champions League group that also included Bayern Munich, Galatasaray, and Copenhagen, Manchester United ended up finishing bottom of the log, claiming only four of a possible 18 points.
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23:08 - 12.12.2023
Manchester United dumped out of Europe after disappointing Bayern Munich loss
Premier League giants Manchester United have finished last in their Champions League group and have been condemned to playing only domestic matches for the rest of the season after losing to Bayern Munich at home
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13:31 - 13.12.2023
4 terrible records broken and set by Manchester United in their disgraceful Champions League exit
Manchester United's 2023/24 UEFA Champions League is a record-breaking one but for all the wrong reasons. Here are four of those reasons.
Manchester United’s campaign was typified by poor form, as they ended up conceding a total of 15 goals in the group stages, the most by an English club in the competition, while also becoming the first Premier League team to finish bottom of their Champions League group twice.
Manchester United’s lost prize money breakdown
Manchester United's early departure from the Champions League will cost them dearly in terms of prize money, as a successful run in the competition could have earned them up to £45 million.
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Had Manchester United not been knocked out at the first round, they would have made £8.2 million extra for reaching the last-16, an additional £10 million for reaching the quarter-finals, £13.3 million for making it to the semifinal, and £17 million for reaching the final and winning.
In addition to the lost prize money, Manchester United also missed out on broadcast revenue, which can soar as high as £50 million for a team progressing to the final.
Europa League Missed Opportunity
Since they finished dead last behind Bayern Munich, Copenhagen, and Galatasaray, Manchester United also missed out on reaching the Europa League and its potential prize money.
Finishing third in their group would have secured a Europa League play-off place, offering around £400,000, and the Red Devils could have earned a further £18 million if they had gone all the way to win the competition.
How much did Manchester United earn in the Champions League?
Despite the Champions League disappointment, Manchester United earned a total of £17 million for their participation in this year’s edition.
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They earned £14 million for qualifying, an extra £3 million for their one win and one draw in the group stage, as well as approximately £11 million as a coefficient payment.
With potential financial earnings from Europe severely impacted by their early exit from the Champions League, Manchester United could see their spending limits for next summer reduced after they splashed out nearly £400 million in the last two seasons on transfers.
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