How much money Man Utd, Spurs and Chelsea will miss out on after failing to qualify for new Champions League

Premier League trio Manchester United, Spurs and Chelsea will miss out on millions after they failed to qualify for next season's new-look Champions League.

It was confirmed on Tuesday that Aston Villa will play in the Champions League for the first time since 1983 after Spurs were beaten 2-0 by league leaders Manchester City.

As a result, Unai Emery's side will benefit from the riches that come with playing against Europe's elite.

In fact, their qualification will bring an immediate cheque for £16.02 million, according to The Athletic – which is an increase from the £13.44 million teams received for entering this season's competition.

Of course, next season will see the Champions League format change for the first time since 1992, with 36 teams instead of 32 competing in a league phase that will replace the group stage of the competition.

Each team will face eight different opponents, with half of the matches at home and half away.

This will naturally increase the already-intense workload on many top clubs around Europe, including Villa, but there is an advantage to playing more fixtures.

Every win in the league phase is expected to bring £1.81 million, with a draw worth £603,000.

And on top of that, the higher up the table you finish, the more money that team will collect. The report goes on to suggest that a cash prize will range from £8.61 million for the top team, while clubs in the top eight will receive an additional £1.72 million as a bonus for progressing to the knockout stages.

A sum of £860,000 will be handed out to those who finish from ninth to 16th.

Villa generated a total of £18.76 million from gate receipts last season but the lure of Champions League football will no doubt increase that sum in the coming months.

Unai Emery, who has helped transform the Villains since his appointment in October 2022, delivered an emotional speech after they secured their place in next season's competition.

Speaking at an awards ceremony at Villa Park on Tuesday night, he said: "It’s a very special day today. It’s our dream, it was our dream when we started the season to be here.

"To play Champions League is, after the Premier League, the best. You can play in the Premier League against the best teams in the world, it’s very difficult. When you are playing in the Champions League you are playing against the best teams, at the same time, from other countries. And it’s amazing.

"And we are always responsible about the history here, we know the history of Aston Villa is so long and so successful. Even in the Champions League, before it was the European Cup, we knew the responsibility was to try to increase our level, try to be demanding and to dream."

He added: "Of course, I’m very, very, very happy and very proud of you (the supporters), the players and everybody. I want to enjoy more and, next year, now the new challenge starts for us. To build again a team, being strong and being strong to go and always increase our level.

"This is our objective and always it’s trying to enjoy with you, the supporters; you are the heart of the club. Up the Villa."