Arsenal confirm Mikel Arteta's first pre-match press conference ahead of  Bournemouth trip - football.london

Head coach Mikel Arteta expressed his disappointment after two defeats in the team’s final three Premier League games which denied the club a position in the top four at the expense of Tottenham Hotspur.

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Arsenal will lose up to €85 million (£72 million) next season as they failed to qualify for the Champions League.

Mikel Arteta’s side may have ended their season with a 5-1 home win over Everton yesterday, but defeats to Newcastle United and Tottenham Hotspur before that cost them a return to the club game’s top flight. The financial consequences are considerable, since the money available in the Europa League pales in contrast.

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To put the disparity in context Real Madrid has already earned €115 million (£97.6 million) in prize money this season, while Europa League champion Eintracht Frankfurt has earned €20 million (£17 million).

This season’s Champions League group stages cost €15.64 million (£13.2 million), with each group victory costing €2.8 million (£2.4 million) and a tie at €930,000 (£790,000).

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Reaching the round of 16 netted an extra €9.6 million (£8.1 million); the eight quarter-finalists took home €10.6 million (£9 million); the four semi-finalists took home €12.5 million (£10.6 million); and the two champions took home €15.5 million (£13.1 million).

In instance, this season’s Europa League participants earned €3.6 million (£3 million) for reaching the group stage, with a victory paying €630,000 (£535,000) and a draw at €210,000 (£178,000).

Making it to the round of 16 earned €1.2 million (£1 million); quarter-finalists received an extra €1.8 million (£1.5 million); the final four received €2.8 million (£2.4 million); and the champions received €4.6 million (£3.9 million) and €4 million (£3.4 million).

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