Leicester City will miss out on a small portion of Europa League television revenue after Arsenal’s victory in the FA Cup final.
The Gunners came from behind to beat Chelsea, Pierre-Emerick Aubameyang scoring twice to not only earn the Gunners silverware, but book them a spot in the Europa League group stages.
While City were not involved, they did have a vested interest in proceedings at Wembley, and it relates to how Europa League prize money is split.
City have qualified for Uefa’s second competition and for taking part, they will receive a cut of the TV money the tournament generates.
However, the money is not split equally. The bigger the TV market, the bigger the cut the clubs from those countries receive.
But even then, it’s not divided evenly, with cup winners receiving a greater share. So, Arsenal will get 40 per cent of the TV market money, while City and Spurs, should they make it through the qualifying rounds, will get 30 per cent each.
With Chelsea already booked for next season’s Champions League, an FA Cup triumph would have ensured the cup winners were not in the Europa League. In that scenario, the TV market pool would be split equally, and City would therefore receive a third of the cut.
Now, City will be hoping Spurs failing to win three one-legged ties to reach the group stages. If they do not make it, City would then receive 40 per cent of the split, with Arsenal taking 60 per cent.
There are lots of other factors that influence the revenue City would receive. A full rundown can be seen here, on Uefa’s website.