When Liverpool were in the Europa League in 2023-24, they got just 26.8m euros (£23.3m) for getting to the quarter-finals. Tottenham received 41.4m euros (£36m) after lifting the Europa League last season, but Chelsea were paid just 21.8m euros (£20m) from the Conference League. At the high end, Maguire thinks being out of the Champions League could in total "cost Liverpool around £120m". One season outside of the Champions League might not have a huge effect, he said. Being out of the Champions League could of course affect the players they might attract to Anfield.

Source: BBC March 04, 2026 12:45 UTC