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The Financial Effect

THE TABLE CHANGES.
THEN THE MONEY DOES.

Remove City's league results. Rebuild every table. Then follow the financial consequences we can actually measure.

TOTAL MODELLED EFFECT£1.08bn–£1.30bn

Across Premier League position money, European qualification and one genuine relegation reversal.

01PREMIER LEAGUE£520.0m

Position-linked central distributions

02EUROPE£533.6m–£753.7m

26 qualification changes

03RELEGATION£23.6m

Blackpool's 2010/11 survival effect

Club by club

Follow the money.

Central-case totals determine the order. European effects are shown as a conservative-to-central range.

ClubPL £European changesEurope £Relegation £Total £
Arsenal badgeArsenal£38.8m3× Europa → Champions League · 1× No Europe → Europa League£95.8m–£156.7m—£134.6m–£195.5m
Tottenham Hotspur badgeTottenham Hotspur£19.9m5× Europa → Champions League · 1× No Europe → Conference League£112.4m–£155.1m—£132.3m–£175.0m
West Ham United badgeWest Ham United£31.9mEuropa → Champions League · Conference → Europa League£59.8m–£81.9m—£91.7m–£113.7m
Chelsea badgeChelsea£23.2mEuropa → Champions League · Conference → Europa League£65.3m–£65.4m—£88.4m–£88.6m
Leicester City badgeLeicester City£13.5mEuropa → Champions League · No Europe → Conference League£45.8m–£67.9m—£59.3m–£81.4m
Aston Villa badgeAston Villa£24.2mConference → Europa League · Europa → Champions League£36.0m–£53.6m—£60.2m–£77.9m
Liverpool badgeLiverpool£20.3mNo Europe → Europa League · Europa → Champions League£11.2m–£47.9m—£31.5m–£68.2m
Manchester United badgeManchester United£17.2mEuropa → Champions League£30.2m–£42.6m—£47.5m–£59.8m
Everton badgeEverton£32.5mEuropa → Champions League£18.6m–£21.7m—£51.1m–£54.2m
Newcastle United badgeNewcastle United£24.8mNo Europe → Conference League£13.5m—£38.3m
Brighton and Hove Albion badgeBrighton and Hove Albion£17.7mNo Europe → Conference League£13.5m—£31.2m
—Sheffield United£11.3mNo Europe → Europa League£13.7m–£16.1m—£25.0m–£27.4m
—Nottingham Forest£8.6mConference → Europa League£17.7m—£26.2m
Blackpool badgeBlackpool£2.3m——£23.6m£25.9m
Burnley badgeBurnley£22.2m———£22.2m
Fulham badgeFulham£21.1m———£21.1m
Crystal Palace badgeCrystal Palace£20.2m———£20.2m
Southampton badgeSouthampton£19.2m———£19.2m
Watford badgeWatford£17.4m———£17.4m
West Bromwich Albion badgeWest Bromwich Albion£17.2m———£17.2m
AFC Bournemouth badgeAFC Bournemouth£16.1m———£16.1m
Wolverhampton Wanderers badgeWolverhampton Wanderers£15.5m———£15.5m
—Brentford£15.4m———£15.4m
Stoke City badgeStoke City£13.6m———£13.6m
Swansea City badgeSwansea City£8.4m———£8.4m
Norwich City badgeNorwich City£7.7m———£7.7m
Hull City badgeHull City£7.7m———£7.7m
Queens Park Rangers badgeQueens Park Rangers£4.0m———£4.0m
Wigan Athletic badgeWigan Athletic£3.8m———£3.8m
Bolton Wanderers badgeBolton Wanderers£3.8m———£3.8m
Cardiff City badgeCardiff City£3.2m———£3.2m
Blackburn Rovers badgeBlackburn Rovers£3.1m———£3.1m
—Leeds United£3.0m———£3.0m
—Luton Town£2.8m———£2.8m
—Ipswich Town£2.7m———£2.7m
TOTAL MODELLED EFFECT£520.0m26 changes£533.6m–£753.7m£23.6m£1.077bn–£1.297bn
Premier League
£38.8m
Europe
£95.8m–£156.7m

3× Europa → Champions League · 1× No Europe → Europa League

Premier League
£23.2m
Europe
£65.3m–£65.4m

Europa → Champions League · Conference → Europa League

TOTAL MODELLED EFFECT£1.08bn–£1.30bn£520.0m PL · £533.6m–£753.7m Europe · £23.6m relegation
How we calculated it

Three calculations.
Nothing more.

01

Premier League position

Remove City's matches and rebuild the table. When a club changes position, apply the actual value of a finishing place for that season.

02

Europe

When the new position changes European qualification, compare actual UEFA distributions to English clubs. We show a lower-to-central range rather than pretending we know exactly how far a club would have gone.

03

Relegation

Only count a club if it genuinely crosses the survival line. Blackpool are the only charged-period case: 19th becomes 16th. Their identifiable effect is £23.6m.

What we don't count

We don't try to price everything.

Ticket sales, sponsorship, commercial growth, player values, transfers, wages, managerial changes and the long-term consequences of playing in a different competition are excluded. These are the financial effects we can identify and model consistently — not everything that might have happened.

Read the full methodology

The No-City league contains 19 clubs. The bottom three — 17th, 18th and 19th — are relegated. European values use comparable English non-winning UEFA distributions and season-average EUR→GBP conversion. The relegation calculation uses the following season's 20th-place Premier League central distribution less the club's actual first-year parachute payment.

Full methodology & sources
A modelled financial effect, not a compensation claim.

The figures show identifiable financial consequences under one counterfactual model. They do not state that any club is legally owed these amounts.