UEFA’s two-year Champions League ban on Manchester City, for allegedly misleading European soccer’s governing body and breaking financial fair play rules, will cost the club around $80 million in revenue in 2020.
Here's the list of all the financial loss.
1. Manchester City, which faces off against Real Madrid in the Champions League round of 16 later this month, on Friday was banned from European club competition for the next two seasons and fined $32.5 million.
2. The club reportedly committed “serious breaches” of club licensing regulations by inflating sponsorship revenues, and the team also “failed to cooperate” with an ongoing investigation from UEFA, according to the decision.
3. According to Forbes’ latest estimates, Manchester City made $678 million in revenue last season ($72.6 million in total from playing in the Champions League when it reached the quarterfinals) and is the fifth-most-valuable soccer team in the world, with an overall franchise value of nearly $2.7 billion.
4. Assuming that Manchester City reaches the quarterfinals again this year, the Champions League ban next year would amount to a loss of $77 million (including around $53 million in prize money and $10 million from broadcasting), or 11% of the club’s overall revenue in 2020.
That would translate to a $295 million loss in value, lowering Manchester City’s overall valuation to $2.38 billion, Forbes calculates.
5. Manchester City could miss out on $47 million at the lower end of the prize money range (combined payout for reaching the round of 16) and up to $102.35 million (if they win the Champions League).
Anyway, Manchester City is easily a $2 billion club even without the Champions League, so they’re still going to be one of the most valuable soccer teams in the world despite this ban.