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Liverpool face cost of Champions League failure

Liverpool could be left to count the cost of failing to qualify for next season’s Champions League.

Although the Reds are in the quarter-final draw for this season’s competition, they may have to win it if they want to ensure they will play in again next season, because they are only sixth in the league table just now and will need to overhaul both West Ham and Chelsea above them.

They are five points adrift of Thomas Tuchel’s side in fourth, and they have an inferior goal difference.

And that failure could cost them up to £50 million in terms of broadcast income and bonus payments and also impact how much money they have to spend in the transfer market in the summer.

In particular, their multi-year kit deal with Nike could be affected, and, although it does not contain a penalty clause, the apparel manufacturer is likely to insist on a percentage decrease if they are out of Europe’s premier cup competition for a second successive season.

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