Early Champions League exit would be 'catastrophic' for Barcelona as financial implications of latest European 'failure' revealed with LaLiga giants to lose millions

Barcelona are in danger of being knocked out of the Champions League at the group stage for the second consecutive season. Phil Kitromilides claims it will be a huge blow to the club's financial goals. Barca are expected to lose around £22m if they don't reach the quarter-finals. The club budgeted to reach at least the quarters. It also affects sponsorship. The president Joan Laporta's idea is to build a good team and get them successful on the pitch. Then they can get successful off the field. They need to sell sponsorship, sell shirts and bring in revenue.