Barcelona Set to Lose £18million As Financial Implications of Early UEFA Champions League Exit Are Revealed

• Barcelona’s hopes of winning the UEFA Champions League this season hang in the balance as the Catalans risk being eliminated in the group stages
• The La Liga giants were held to a 3-3 draw by Inter Milan on Wednesday night and will need to win their final two games to keep hopes of progressing alive
• Barcelona is set to lose as much as £18million if they are eliminated from the Champions League group stage this season

Barcelona’s finances are set to nosedive again if the Catalan club gets eliminated early from the UEFA Champions League, following a poor start to this season’s campaign.

The Spanish giants risk being knocked out of Europe’s elite club competition in the group stage after they were held to a 3-3 draw by Inter Milan at Camp Nou on Wednesday night.

According to the Daily Mail, Barcelona will lose as much as £18million if they fail to progress out of the Champions League group stage this season, after spending heavily to rebuild the squad this summer.

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The Catalans spent over £132m on player transfers in the summer. To pay for the spending however, they have budgeted for the team to reach the last eight as a minimum this season.

Barcelona are currently third in Group C with 4 points from their opening 4 games, and are behind Bayern Munich and Inter Milan respectively in the group.

Xavi unhappy with defensive mistakes

Meanwhile, Barcelona manager Xavi Hernandes has blamed defensive errors for his side’s 3-3 draw against Inter Milan which put the La Liga club in a precarious situation, SB Nation reports.

The results mean Barcelona look destined to head out of the Champions League group stages and into the Europa League for a second straight season.

Inter Milan looks set to beat Barcelona to the round of 16 slot if the Serie A giants defeat Viktoria Plzen next time out, and Xavi feels his team has been hard done by in Europe’s top competition.

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Xavi: Barcelona does not deserve UCL

Earlier, Sports Brief reported Xavi Hernandez has intimated Barcelona does not deserve to remain in the Champions League following their thrilling draw with Inter Milan on Wednesday night.

Xavi's Barca led by a lone goal at half-time but needed a Robert Lewandowski brace in the dying embers of the game to salvage a three-all score.

The result keeps Barcelona's chances of qualifying for the last 16 alive. However, the team will need Inter Milan to drop points in their final two games in Group C.