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Manchester United dealt£85million blow after Europa League final defeat

Man United have missed on huge financial rewards after losing 1-0 to Tottenham Hotspur in the Europa League final.

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Ruben Amorim and Manchester United's players cut dejected poses after losing the Europa League final.

Manchester United have missed out on a huge opportunity to boost the coffers.

A football finance expert has said Manchester United's 1-0 defeat to Tottenham Hotspur in the Europa League final on Wednesday night means they will miss out on around £85million in additional revenue.

Brennan Johnson's first half goal condemned United to the heartache of a second Europa League final defeat in four years and a lack of European football next season.

One of the biggest prizes that comes with winning the Europa League is securing a place in next season's Champions League. Qualification for the league phase alone is worth north of £15.5m.

Europe's premier club competition boasts lucrative financial rewards, through on-field performances, broadcast money and sponsorship deals.

And Professor Rob Wilson, Director of Executive Education at University Campus of Football Business, has outlined just how costly United's failure to get back into the Champions League will be.

"Having lost the Europa League, Manchester United have probably missed out on something between £10m to £15m in direct prize money," Wilson told Genting Casino. "That was made up of around £4m for winning the final, somewhere between £3m and £5m from an increased UEFA coefficient share.

"Then there's elements around commercial bonuses, appearance fees, match day revenues that they would have benefited from. What we then need to remember of course is that there will also be an offset there.

"So they won't have bonus payments to pay, for instance, for their player wages. So that's quite an important factor to include.

"The qualification that they've missed out on in the Champions League has cost them around £85m of additional revenue. That revenue is due to broadcast, gate receipts and some of those UEFA payments.

"The fact that the club has missed out on that revenue is quite a blow to their budget line and will affect what they're able to do in the transfer market this summer, not just from an amount of cash perspective and what they can spend on transfers but also the type of players they can attract as a result of having no European football given their league position."

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