Tajuk : Here’s how much money Arsenal will lose if the club fails to qualify for the Champions League
link : Here’s how much money Arsenal will lose if the club fails to qualify for the Champions League
Here’s how much money Arsenal will lose if the club fails to qualify for the Champions League
Laurence Griffiths / Getty Images
Arsenal has played Champions League football every season since 1998 but that run may soon come to an end.
LONDON — For 19 straight seasons, Arsene Wenger has secured Arsenal a place in the Champions League. But it’s a record under threat.
With five Premier League games left of the 2016/17 campaign, the team is five points off a top-four finish that will hand it a spot among Europe’s elite.
The threat of failing to qualify for next season’s Champions League competition is real — and the North Londoner’s could stand to miss out on a substantial amount of money as a result.
In the 2015/2016 season alone, Arsenal received €53.4 million (£45 million) of Champions League revenue, according to UEFA. This includes €22.3 million from on-field success (Arsenal reached the round of 16) and €31.1 million in TV revenue.
It could be higher for the current 2016/17 season, when Arsenal banked €25.7 million after reaching the last 16 again. TV revenues are yet to be revealed for this year.
In short: No Champions League football could blow a hole of at least £45 million in Arsenal’s finances.
This has the potential to turn the club into a loss-making business after it reported pre-tax profits of £12.6 million in the year to November 2016.
But what about the Europa League?
It is not all bad news, though. Arsenal is guaranteed a place in the Europa League after reaching the FA Cup final. The competition may have its detractors but it is still a respectable trophy to win.
Jamie McDonald / Getty Images
Chelsea won the Europa League in 2013.
But the Europa League does not generate anywhere near as much money as the Champions League.
According to UEFA’s official 2016/2017 Europa League revenue figures, the most a British club can earn is just over €27 million (£23 million) — and that’s only if it lifts the trophy. So, if Arsenal won the Europa League next season, it would — at best — take home around half its £45 million Champions League earnings.
It’s little wonder a place in Europe’s premier football competition is so coveted.
Read more stories on Business Insider, Malaysian edition of the world’s fastest-growing business and technology news website.
✍ Sumber Pautan : ☕ Business InsiderBusiness Insider
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Laurence Griffiths / Getty Images
Arsenal has played Champions League football every season since 1998 but that run may soon come to an end.
LONDON — For 19 straight seasons, Arsene Wenger has secured Arsenal a place in the Champions League. But it’s a record under threat.
With five Premier League games left of the 2016/17 campaign, the team is five points off a top-four finish that will hand it a spot among Europe’s elite.
The threat of failing to qualify for next season’s Champions League competition is real — and the North Londoner’s could stand to miss out on a substantial amount of money as a result.
In the 2015/2016 season alone, Arsenal received €53.4 million (£45 million) of Champions League revenue, according to UEFA. This includes €22.3 million from on-field success (Arsenal reached the round of 16) and €31.1 million in TV revenue.
It could be higher for the current 2016/17 season, when Arsenal banked €25.7 million after reaching the last 16 again. TV revenues are yet to be revealed for this year.
In short: No Champions League football could blow a hole of at least £45 million in Arsenal’s finances.
This has the potential to turn the club into a loss-making business after it reported pre-tax profits of £12.6 million in the year to November 2016.
But what about the Europa League?
It is not all bad news, though. Arsenal is guaranteed a place in the Europa League after reaching the FA Cup final. The competition may have its detractors but it is still a respectable trophy to win.
Jamie McDonald
Chelsea won the Europa League in 2013.
But the Europa League does not generate anywhere near as much money as the Champions League.
According to UEFA’s official 2016/2017 Europa League revenue figures, the most a British club can earn is just over €27 million (£23 million) — and that’s only if it lifts the trophy. So, if Arsenal won the Europa League next season, it would — at best — take home around half its £45 million Champions League earnings.
It’s little wonder a place in Europe’s premier football competition is so coveted.
Read more stories on Business Insider, Malaysian edition of the world’s fastest-growing business and technology news website.
✍ Sumber Pautan : ☕ Business InsiderBusiness Insider
Kredit kepada pemilik laman asal dan untuk meneruskan bacaan di laman asal sila klik link atau copy paste ke web server : http://ift.tt/2qF5img
(✿◠‿◠)✌ Mukah Pages : Pautan Viral Media Sensasi Tanpa Henti. Memuat-naik beraneka jenis artikel menarik setiap detik tanpa henti dari pelbagai sumber. Selamat membaca dan jangan lupa untuk 👍 Like & 💕 Share di media sosial anda!
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Kini anda membaca artikel Here’s how much money Arsenal will lose if the club fails to qualify for the Champions League dengan alamat pautan https://timesnewmalaysia.blogspot.com/2017/05/heres-how-much-money-arsenal-will-lose.html
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