Sport
Real Madrid Can Lose $70 Million With Failure To Beat Manchester City

Real Madrid stands on the brink of a major financial setback as they prepare to face Manchester City in the decisive second leg of their UEFA Champions League tie. A failure to progress beyond this stage could see the Spanish giants miss out on over $70 million in prize money, according to official UEFA figures and SPORT.
As the record 15-time winners of Europe’s elite club competition, Los Blancos travel to the Santiago Bernabéu with a slender 3-2 advantage secured through a thrilling comeback victory at the Etihad Stadium. However, history suggests that holding onto such leads in the Champions League knockout stages has not always been straightforward for Carlo Ancelotti’s men.
City manager Pep Guardiola, speaking at his pre-match press conference, played down his side’s chances, sarcastically claiming that the Premier League champions have only a 1% chance of progressing. Ancelotti, however, was quick to dismiss Guardiola’s comments as a classic case of mind games ahead of the all-important clash.
“I’m going to ask him tomorrow before the game,” Ancelotti responded with a smile. “He thinks he has more of a chance, just as we don’t think we have 99%. We recognize we have a small advantage, and we must make the most of it by playing as well as we did in the first leg.”
Despite their lead, Madrid has often found themselves in precarious situations in similar circumstances. Ancelotti acknowledged that his team has previously struggled to manage such advantages, describing it as a “psychological issue” that continues to trouble the squad in high-stakes encounters.
“This is a psychological issue that we are aware of,” the Italian tactician admitted. “It has happened many times, and while it is difficult to fix, we must work on it. Saying we approach the match as if it is 0-0 is unrealistic because the 3-2 scoreline exists. What we can change is our approach — not making unnecessary calculations and staying focused.”
Beyond the sporting significance, there is a substantial financial incentive tied to this encounter. Thus far in the 2024/25 Champions League campaign, Real Madrid has earned approximately $39 million (€37.25 million) in prize money. A victory over Manchester City would see them secure an additional $11.5 million (€11 million) and pave the way for even greater financial rewards.
Reaching the quarterfinals would guarantee an extra €12.5 million, while semifinalists stand to receive €15 million. Should Madrid advance to the final, they would be awarded €18.5 million, with an additional €6.5 million on offer for lifting the coveted trophy. Furthermore, participation in the UEFA Super Cup would bring in an extra €4 million.
For a club of Real Madrid’s stature, such earnings play a crucial role in sustaining their financial strength. With increasing transfer market demands and wage bills, every penny matters, and exiting the tournament early would represent a huge blow to their budget.
Despite the enormous stakes, Madrid remains confident in their ability to overcome Guardiola’s side once again. The club has built its reputation on thriving under pressure in the Champions League, and the belief within the squad is that they can finish the job at home.
However, Manchester City will not make it easy. The reigning Premier League champions, led by Erling Haaland and Kevin De Bruyne, are more than capable of turning the tie in their favor. Real Madrid must be at their absolute best to ensure that they do not suffer another dramatic collapse on the grandest stage of European football.
As the countdown to kickoff continues, fans and analysts alike are bracing for what promises to be a thrilling encounter. Whether Madrid can protect their lead and secure a spot in the next round remains to be seen, but one thing is certain — the financial implications of failure are too significant to ignore.
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