Juventus withdrew from the Champions League last night, even if they still have a game to play against Paris Saint Germain next week.
While exiting Europe’s elite club competition is primarily a sporting coup for the club, it also has major bottom line consequences. After all, this tournament provides its participants with significant income.
According to Corriere dello Sport, reaching the knockout stages of the Champions League would have given Juventus at least 30 million euros.
In addition, this figure would reach 50 million if the Bianconeri reached the Semifinals.
As the source explains, these sums are only related to prize money. It would also be necessary to add the income collected by box office and merchandise.
To make matters worse, Juventus have only registered one victory in five games so far. Therefore, they were only able to win 2.8 million of the possible 14 million from the bonuses earned.
While the club will try to make up for the disappointment by going to the Europa League and making a solid run in the second-tier competition, even winning it, it would only raise a total of €20m.
On the other hand, reaching the Champions League group stage next season is of the utmost importance, as it would bring the club €50m at the very least.
Otherwise, management will probably be forced to further reduce the size of the project.
