Champions League flop proves costly for Man Utd

LONDON – Manchester United’s early exit from the Champions League last season cost the English club almost 17 million euros in payments from UEFA compared with the previous year, figures released on Friday showed.

United, preparing for a listing on the New York Stock Exchange, received 35.18 million euros in 2011-12 from UEFA as their share of Champions League TV and sponsorship income, European soccer’s governing body said.

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