Manchester United’s Champions League absence cost them €52million

Today, we get to watch Real Madrid of the Liga BBVA take on Shakhtar Donetsk of Ukrainian Premier League in the Group A match. Such revenue will only continue to rise, with the new 10-year deal with Adidas beginning last month – worth a record $1 billion in total between now and 2025.

Manchester United have announced that the club’s revenues dipped by £38m to £395.2m last season – an 8.8 per cent drop attributable to the club’s Champions League absence.

Another disappointing week in the UEFA Champions League has threatened the chances of Premier League getting four berths in the UEFA Champions League.

Chelsea were the most favourites to defend their Premier League title before the season was kicked off. However, now Manchester City, Arsenal and Manchester United are favorites than the Blues.

Tseayo told investors on a conference call that the team is expected to at least reach the Champions League quarter-finals.

United’s annual results for the year to 30 June revealed the full extent of their failure to qualify for European club football’s premier competition during the 2013/14 season. The revamped squads have had positive effect domestically as more teams have been added into the European debate however, on the Champions League stage the new look teams are still yet to deliver on their potential. “They fought like warriors, struggling for every metre”, said PSV coach Phillip Cocu after the opening Group B encounter at the Philips Stadium.

Manchester United return to the competition after a season in the wilderness as English football’s second biggest spenders.

“City have got to prove themselves in Europe because so far they have struggled”. They are a decent team, unbeaten in 41 games or whatever.

“One or two of our successes in the Champions League have been quite fortuitous and I’d like to see us do better”.

“We have seen a large number of ins and outs in the last two summer windows”, Woodward said in a conference call to Wall Street analysts.