The reduction in payment is a significant amount, with Manchester United set to lose £10 million. This reduction, combined with the loss of sponsorship revenue from Tezos, which is ending its sponsorship deal with the club, will have a major impact on the team's finances.
A senior figure within the club has spoken about the implications of this situation, stating that not qualifying for European competition creates significant challenges for the club's business model. They highlighted that the club relies heavily on European football to generate revenue, which is essential for their financial sustainability.
Without European football, Manchester United will have to explore alternative options to generate revenue, such as selling homegrown talent. This could mean letting go of promising young players like Alejandro Garnacho and Kobbie Mainoo to raise funds.