Liverpool are set to miss out on at least £50m in prize money and participation fees because of their fifth place Premier League finish.
And while Jurgen Klopp’s squad is expected to see substantial investment this summer with the aim of competing against next season, the budget will be greatly affected by their failure to qualify for next season’s Champions League.
Their fate was confirmed by Manchester United, who beat Chelsea 4-1 on Thursday evening; with the result securing a top-four spot for Erik ten Hag’s side before Sunday’s final round of fixtures.