Prize money and commercial opportunities are significantly lower in the other European competitions.<\/p>\n
Uefa’s financial report shows that Arne’s Slot’s side earned 98.1m euros (\u00a385.3m) in distribution payments for reaching the last 16 of the Champions League in the 2024-25 season.<\/p>\n
When Liverpool<\/a> were in the Europa League in 2023-24, they got just 26.8m euros (\u00a323.3m) for getting to the quarter-finals.<\/p>\n Winning the tournament would help bridge the funding gap a little more.<\/p>\n Tottenham<\/a> received 41.4m euros (\u00a336m) after lifting the Europa League last season, but Chelsea<\/a> were paid just 21.8m euros (\u00a320m) from the Conference League. <\/p>\n Maguire said that the loss of money from Uefa would only be part of the story.<\/p>\n “It also has an impact upon matchday receipts,” Maguire said. “It has an effect on the broadcasting money.<\/p>\n “It will mean lower commercial revenues, because there will be bonuses embedded in contracts with senior sponsors.”<\/p>\n At the high end, Maguire thinks being out of the Champions League could in total “cost Liverpool<\/a> around \u00a3120m”.<\/p>\n Liverpool<\/a> splashed out more than \u00a3400m last summer, signing players such as Florian Wirtz and Alexander Isak.<\/p>\n It was the biggest spend by a club in a transfer window.<\/p>\n But Maguire says that Liverpool<\/a> “are extremely well run”. One season outside of the Champions League might not have a huge effect, he said.<\/p>\n Last week, Liverpool<\/a> announced record revenues<\/a> of \u00a3703m for the club’s most recent financial year through to May 2025. The club returned a profit of \u00a38m.<\/p>\n Even with last year’s signings, Liverpool<\/a> are only eighth on net transfer spend<\/a> over the last five years.<\/p>\n “While they did have a significant transfer outlay, you’ve to take a long term view on their spending,” Maguire said. <\/p>\n “It’s still substantially behind the two Manchester clubs and Chelsea<\/a> in particular.”<\/p>\n Uefa’s latest benchmarking report says that Chelsea<\/a> made a pre-tax loss of \u00a3355m<\/a> for 2024-25. <\/p>\n Manchester United<\/a>‘s finances are improving but the club’s debt is now approaching \u00a31.3bn<\/a>.<\/p>\n