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FourFourTwo
FourFourTwo
Sport
Joe Donnohue

Why Newcastle United are owed £37m less than Liverpool, Manchester City and Arsenal in Champions League this season

Newcastle Liverpool Arsenal Manchester City Newcastle United UEFA Champions League Chelsea Eddie Howe Spurs Football
NEWCASTLE UPON TYNE, ENGLAND - NOVEMBER 05: The players of Newcastle United pose for a team photo prior to kick-off ahead of the UEFA Champions League 2025/26 League Phase MD4 match between Newcastle United FC and Athletic Club at St James' Park on November 05, 2025 in Newcastle upon Tyne, England. (Photo by Stu Forster/Getty Images).

For Newcastle United this season, the Magpies' performance in the league phase of the Champions League is expected to earn the club £47 million in revenue.

On one hand, that is a huge positive for Newcastle's season, and their accounts, because last year Eddie Howe's side were not involved in Europe's premier club competition - or any European football, for that matter.

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