Newcastle United will earn far less than rest of Premier League's Champions League qualifiers

Newcastle United secured their place back in the Champions League earlier this week but they will earn less than half of the money for their achievement than Manchester City.

It's been 20 years since Newcastle were last in the Champions League, a campaign that saw them become the first team to qualify out of the group stages after losing the first three games.

They were eliminated from the second group stage, yeah that was a thing believe it or not, facing Juventus, Barcelona and Inter Milan on their journey in Europe's elite competition.

On Monday they secured just their third campaign into the tournament and they could be handed a nightmare scenario when the draw is made in August.

Getting a tough group may suit fans of Eddie Howe's side as they'll want all the big European trips that they can make it to after two decades without them.

The Magpies needn't be too worried about coming up against anyone either, considering that their defensive record this season is favourable compared to many.

However it's not all good news for Newcastle as they will earn less than half the money that City will for being in the same competition, whilst Arsenal and Manchester United will also get far more.

That's due to the 'ten-year historical coefficient pot' which pays out teams based on how well they've done in Europe over a longer period of time.

City will be handed £58.06 million just for qualifying but for Newcastle it'll 'only' be £21.5 million, which will also be less than half Arsenal and United will get, should the latter confirm their qualification.

Eddie Howe celebrates leading Newcastle back into the Champions League. Image: Alamy

The co-efficient pot is worth £522 million and is split depending on team's rankings in UEFA's list, with Real Madrid in top spot grabbing themselves £31.65 million.

City's earnings just from that section of money is £28.67 million and Pep Guardiola's Premier League champions will also get £11.52 million from the tv money.

Each of the four English sides also picked up £13.6 million just for qualifying, as they go straight into the group stages and don't have to go through qualifying.

Newcastle's split of the coefficient money will only be £989,000 and then they have to hope that Manchester United don't win their final two games of the season to avoid coming fourth.

If that happens then the St James' Park side will pick up just £2.88 million from their tv money.

Of course the money will not matter to the club, it's all about the prestige of being in the Champions League for them and staying there long enough to earn more in future seasons.