BBC Sports early this morning reported that an early kick out of Manchester United in the champions league could cost the club in the region of £20m, according to a leading football finance expert.
United's loss at Basel on Wednesday saw them fail to progress from the group stage for the first time since 2005-06 and drop into the Europa League.
"The cost is between £14m-£18m, just on the TV cash," says Andy Green a sports finance expert
United finished third in Group C, behind Benfica and Basel, after winning just two of their six games.
After making three of the last four Champions League finals, beating Chelsea on penalties in 2008 before losing to Barcelona in 2009 and 2011, dropping into the Europa League is a big blow.
"It is embarrassing to be in the Europa League," said United defender Patrice Evra. "I play for Manchester United to be in the Champions League. It's a catastrophe. We feel very sad but we deserve to go out."
United are the first team to be knocked out at the group stage the season after reaching the final and it is only the third time in 17 years that they have departed Europe's elite club competition at this stage.
Man U fans... what do you think your club should do?
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