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Arsenal in huge financial blow for missing out on Champions League as Tottenham get transfer kitty boost of up to £110m

MANCHESTER City are set to bank nearly £53m from the Champions League next season – before kicking a ball.

And Spurs’ return to Europe’s elite will see a minimum £37m into the N17 coffers – with the potential of earning more than £110m.

Mikel Arteta’s Arsenal have missed out on a huge financial windfall after finishing fifth
Antonio Conte’s Tottenham pipped them to fourth spot in the Premier League

But Arsenal and Manchester United will earn under £17m each, and a maximum of up to £26m for taking part in the Thursday-Sunday grind of the Europa League.

And West Ham’s second successive European campaign will see them struggle to make more than a relative pittance with just £7.9m guaranteed for their place in the Conference League.

The financial importance of Champions League football was again made clear by the difference between the top four’s income projections and the rest.

All four Prem sides get £13.26m purely as a participation payment, as well as a share of the £28.7m first half of the English TV “market pool”.

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Then there is the controversial “historical coefficient payment”, which benefits Chelsea, sixth in the Uefa table, more than any of their Prem colleagues.

Liverpool, though, will overtake City in that calculation – earning themselves an extra £1 in the process – if they beat Real Madrid in Saturday’s Champions League Final in Paris.

All four are certain of a minimum £4m share of the second half of the TV pool, with extra cash dependent on how far they go in the competition.

That gives City, who take 40 per cent – £11.52m – of the TV pool, a starting payment of £52.89 as things stand, although it would be reduced to £51.95m if Liverpool beat Madrid.

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Jurgen Klopp’s men will take £49.07m, a fraction less than Chelsea’s £50.01m, although they would go slightly above the Blues with a victory in the Stade de France.

Spurs, with just £2.88m of the market pool and the lowest coefficient ranking of the four Prem sides, start with £37.49m.

For all of them, though, progression all the way to winning the Final in Istanbul on June 10 next year is worth up to a further £73m, in addition to a bigger share of the TV pool.

Arsenal’s last day frustrations – although they surely saw it coming – see a potential minimum £39.34m turned into a MAXIMUM of £35.5m, with just £16.7m guaranteed.

That is slightly below United’s starting figure of £16.82m, with the Old Trafford side top of the Europa League historical coefficient table and the Gunners second.

And the gap even between the teams in Europe is exemplified by West Ham’s Conference League earnings, with just £7.91m guaranteed for taking part in Europe’s third competition, up to a maximum of £20.85m.