Man United facing potential FFP nightmare as cost of missing out on Champions League revealed

The financial impact of Manchester United missing out on the Champions League has been revealed in the club's financial results for the last three months of 2024.

Manchester United's broadcasting revenue has been slashed by the club's failure to qualify for the Champions League.

United published their financial figures for the final three months of 2024 on Wednesday afternoon and they confirmed broadcasting revenue had declined by 42 per cent to £61.6million. That is due to United playing in the Europa League instead of the Champions League. The results also showed total revenue was down 12 per cent from the same quarter in the previous year.

United are competing in the Europa League this season and playing in the Europe's premium competition, the Champions League, generates more money for the club.

Ruben Amorim's side are currently 15th in the Premier League and look highly unlikely to secure qualification for a European competition for next season via their league position.

However, United are among the bookmakers' favourites to win this season's Europa League, and they would be granted entry into the 2025/2026 Champions League if they were triumphant.

United qualified for the Europa League for this season by winning the FA Cup last term and not competing in Europe in 2025/26 would be a huge financial blow.

In the January transfer window, Alejandro Garnacho and Kobbie Mainoo attracted interest and United are now open to offers for any of their players. The sale of academy graduates represents 'total profit' under Profit and Sustainability Ruls (PSR) and the loss of European football revenue would have a knock-on effect on United's transfer business.

The only United manager in the post-Sir Alex Ferguson era to record successive top four finishes in the Premier League, ensuring Champions League revenue, was Ole Gunnar Solskjaer.