Liverpool face £120m hit if European goal missed

Football

Liverpool could lose up to £120m in revenue over two seasons if the club fails to qualify for the Champions League, experts have warned.

Liverpool sit fifth in the Premier League table with 48 points from 29 matches after a 2-1 defeat at Wolverhampton Wanderers on 3 March, according to NBC Sports. The loss leaves the club trailing Manchester United and Aston Villa, who both hold 51 points with a game in hand.

Financial analysts suggest failure to secure a top-five finish could result in a significant economic setback. Stefan Borson, a former financial adviser to Manchester City, told Football Insider that the club could lose £120m across two seasons through combined league merit payments and UEFA prize money.

Borson estimated a £100m drop in continental revenue if the side misses the Champions League, supplemented by a potential £30m loss from a lower league finish. Finance expert Kieran Maguire stated that for every £1 earned in the Champions League, a club typically receives only 22p in the Europa League. Liverpool recently reported a £57m pre-tax loss for the 2023-24 period, which The Guardian attributed to a previous absence from Europe's premier competition.

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