Arsenal's Finances Plummeted Because Of Failing To Qualify For The Champions League, Tottenham Hotspur Got A Lot Of Money

Arsenal failed to qualify for the Champions League next season. (Photo: Twitter @Arsenal)

JAKARTA - Arsenal are believed to be hit financially next season after their failure to win the European Champions League ticket.

As is known, Arsenal lost to compete with Tottenham Hotspur in the race for the final ticket to the Champions League 2022/2023. Cannon London had to settle for being in fifth place with 69 points, just two points adrift of its city rivals.

Meanwhile, for Tottenham Hotspur, the Champions League ticket is a blessing. The finances of the club nicknamed The Lilywhite have certainly increased by 37 million pounds (equivalent to Rp. 678 billion) with a potential income of 110 million pounds (Rp. 2 trillion).

Meanwhile, Manchester City can save nearly £53 million (Rp971 billion) from the Champions League next season.

However, Arsenal will get each under £17 million (Rp311 billion) and a maximum of up to £26 million (Rp476 billion). That opinion they get from their participation in the Europa League.

Likewise with Manchester United.

West Ham United also experienced an insignificant financial increase. The club, which is also based in London, is participating in Europe for the second time in a row after securing tickets to the Conference League next season.

Participation in Europe's third tier makes the Hammers able to generate more than just a relative price by only pocketing 7.9 million pounds (Rp144 billion).

The financial importance of Champions League football is again made clear by the disparity between the projected earnings of teams in the top four and the rest.

The four teams that qualify for the European Champions League receive £13.26 million purely as payment for their participation. In addition, as part of the first half of the £28.7 million of the UK TV market pool.

Then there is the controversial “historical coefficient payout”. This payout benefits Chelsea who are sixth in the UEFA table.

Then Liverpool are certain to overtake City in that calculation. They earn an additional £1 million in the process if they beat Real Madrid in this weekend's Champions League Final in Paris.

All four are confident with a share of at least £4 million from the second half of the TV pool. There is also extra cash depending on how far they go in the competition.

This gives City a whopping 40 per cent or £11.52m TV pool. The initial payment they received was £52.89 although that would be reduced to £51.95m if Liverpool beat Madrid.

Jurgen Klopp's men will earn £49.07 million. That's less than the £50.01m Chelsea earned, but it would be more, if only slightly, than the Blues with a win at the Stade de France.

However, for all of them, progress to winning the final in Istanbul on June 10 next year is worth up to £73m. This is next to the larger part of the TV pool.

Arsenal's final day of frustration though they must have seen the profits made with a potential minimum of £39.34m turned into a maximum of £35.5m on a guarantee of just £16.7m.

The amount is smaller than United's initial figure of 16.82 million pounds. The Old Trafford-based side are top of the Europa League historical coefficient table and the Gunners are second.

And the gap even between teams in Europe is exemplified by West Ham's Conference League earnings. The Hammers only got the above-mentioned amount guaranteed to take part in Europe's third competition up to a maximum of £20.85m.