Champions League costly for Manchester United

19:42, Jul 13 2012

Manchester United's early exit from the Champions League last season cost the English club almost €17 million in payments from UEFA compared with the previous year, figures released on Friday showed.

United, preparing for a listing on the New York Stock Exchange, received €35.18 million in 2011-12 from UEFA as their share of Champions League TV and sponsorship income, European soccer's governing body said.

United received a further €1.25 million from playing two rounds of the Europa League, the less lucrative European club competition which they joined after elimination from the Champions League.

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Reuters