8 December ~ Manchester City's demotion from the glamour of ITV to glum Thursday nights on Channel 5 won't do much to wipe away the wealth of Sheikh Mansour. But for the heavily indebted United, the Champions League has been a much needed source of income since the Glazer takeover in 2005. It has been rumoured that United's failure to secure a draw in Basel could cost them up to £20 million. Andersred, the blog campaigning for the removal of the owners, has done the maths.

Comments (4)
Comment by diem 2011-12-08 23:34:17

If United had gone out at the semi-final stage, would you have said this "cost them £3m"? Or perhaps you'd start using that phrase at the quarter-final stage? Second round?

Claiming it "costs" £20m implies you expect United would have reached the final again. Must be a bit disheartening for you and fans of other clubs when your starting position is United reaching the final every year. Maybe just a closet Red?

Comment by hereandelsewhere 2011-12-12 12:41:34

He states 'COULD have cost them UP TO £20 million'. Nothing wrong with stating what they could have potentially won in TV and prize money had they gone all the way.

Comment by diem 2011-12-12 16:12:03

It's not the "up to" I disagree with, or even the "could", it's the "loss". And if it's going all the way, it's even more than £20m, as winners get more.

Would you also say that Rafael Nadal has lost $2.5m this year?

Comment by geobra 2011-12-13 09:39:21

If football clubs were run sanely, they'd all budget to be knocked out at the earliest possible stage in every cup competition they enter. Then any further progress really would represent 'profit'. Budgeting to reach the later stages means spending money you haven't got yet and might never get.

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