Chelsea's European success loses Manchester City £3m in UEFA TV money

Chelsea success loses City £3m in UEFA TV money

Chelsea's qualification for next season's Champions League as this year's winners has resulted in the three other English qualifiers taking a financial hit of several million pounds each.

Manchester City have lost the most money in £3m while fellow qualifiers Manchester United and Arsenal are to miss out on £1.5m.

The split of UEFA's television money based on where each qualifying club finished in the Premier League will now be altered to reflect the fact the Blues have entered the group stage as champions.

Domestic champions Manchester City would normally get 40% of the governing body's "market pool" pot of TV money totalling around £12m, the second-placed Manchester United 30% (£9m), the third-placed Arsenal 20% (£6m) and the fourth-placed club 10% (£3m).

City and Chelsea will now each receive 30% (£9m), United 25% (£7.5m) and Arsenal 15% (£4.5m.)

UEFA said that the figures would be confirmed in July.

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