The Reds dropped out of the competition on Tuesday night…
Liverpool’s exit from the Champions League could cost them up to £18.4 million in missed revenue, reports ITV.
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The Reds went out of the competition following a 1-1 draw with Basel on Tuesday night. Brendan Rodgers’ side needed all three points in order to go through in to the knockout rounds.
This could cost them big financially as they miss out on masses of prize money for progressing. Up to £18.4 million is available to the teams left in the competition. They could have received £2.7 million for reaching the last 16, followed by another £3 million for the quarter finals.
This is before any broadcast money or ticket sales are taken in to account. Not only that, but the extra visibility from doing well in the Champions League could have also drawn in more sponsors.
The only offset to this that they can possibly look forward to is the £5.5 million prize on offer to the winners of the Europa League. The champion also gets a place in next season’s Champions League.