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Manchester United's failure to qualify for the Champions League knockout round will see the club miss out on big money that would have boosted their transfer kitty
Manchester United's abject failure to qualify for the knockout stage of the Champions League has left a £28 million dent in the club's transfer budget and could put more pressure on the club to sell players in January.
Financial Fair Play regulations bit into United's budget last summer, and similar restrictions were expected at the end of this season depending on what they earned from playing in Europe.
However, Erik ten Hag's side went out of the Champions League following their defeat by Bayern Munich at Old Trafford on Tuesday night, and finishing bottom of their group for only the second time ever meant that United missed out on the Europa League as well.
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14:22 - 13.12.2023
FOOTBALL Erik ten Hag: Why besieged Manchester United manager is unlikely to be sacked
Manchester United manager Erik ten Hag is under huge pressure in the wake of their poor form but the Red Devils are not likely to sack him yet due to a number of reasons
It's understood that United were unlikely to be active in the January transfer window anyway aside from loan deals that could see Jadon Sancho and Donny van de Beek leave the club.
Sources insist that the price of failure in Europe will not put them under increased pressure to sell next month. However, United may be more open to offers for Anthony Martial, Raphael Varane and Casemiro as they try to balance the books.
The club's European debacle will definitely have an impact on the amount of money available for new signings in the summer, regardless of Sir Jim Ratcliffe's £1.25billion investment in the club.
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09:32 - 13.12.2023
Theatre of Nightmares! How Andre Onana helped knock Manchester United out of Champions League
Manchester United suffered heartbreak on Tuesday night after being dumped out of the Champions League via a 1-0 defeat at home to Bayern Munich.
It's difficult to put an exact figure on how much it has cost United because no-one knows how far they could have gone in the competition if they had qualified.
However, the club projected reaching the quarter-finals, and it's understood that the overall cost of not reaching that stage is around £28m in lost prize money, matchday revenue and broadcast income.
Not including money from the TV revenue pool, reaching the knockout stage would have earned United £12.5m for reaching the last 16, £25.7m for the quarter-final, £39.9m for the semis, and £60m for winning the European Cup.
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23:47 - 12.12.2023
Manchester United: Red Devils end disgraceful Champions League campaign with unwanted record
The Red Devils' struggles in the UEFA Champions League this season can be summed up by the unwanted competition record that they set during their humiliating group stage exit
Current champions Manchester City estimated that reaching the final against Inter Milan in Istanbul last season made up a significant part of their £50m increase in broadcast revenue.
Failure to qualify for the Europa League only cost United an initial £430,000 in prize money, but the additional matchday revenue and prize money would have increased that figure significantly.
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