An interesting point re finances - how much is it worth to be in the UEFA cup (whatever its called now)? Champions league is game changing money of course but I get the impression the other one isn't really worth it in the context of PL TV money
For the 2019–20 season, group stage participation in the Europa League awarded a base fee of €2,920,000. A victory in the group pays €570,000 and a draw €190,000. Also, each group winner earns €1,000,000 and each runner-up €500,000. Reaching the knock-out stage triggers additional bonuses: €500,000 for the round of 32, €1,100,000 for the round of 16, €1,500,000 for the quarter-finals and €2,400,000 for the semi-finals. The losing finalists receive €4,500,000 and the champions receive €8,500,000.[23]
Preliminary round: €220,000
First qualifying round: €240,000
Second qualifying round: €260,000
Third qualifying round: €280,000
Play-off round elimination: €300,000
Base fee for group stage: €2,920,000
Group match victory: €570,000
Group match draw: €190,000
Group winners: €1,000,000
Group runners-up: €500,000
Round of 32: €500,000
Round of 16: €1,100,000
Quarter-finals: €1,500,000
Semi-finals: €2,400,000
Losing finalist: €4,500,000
Winners: €8,500,000