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Missing out on the Champions League knockout rounds will cost Man United £28MILLION - and it likely means Erik ten Hag will have to sell players in January to boost his transfer kitty

Manchester United's abject failure to qualify for the knockout stage of the Champions League has left a £28million dent in the club's transfer budget and could put more pressure on the club to sell players in January.

Financial Fair Play regulations bit into United's budget last summer, and similar restrictions were expected at the end of this season depending on what they earned from playing in Europe.

However, Erik ten Hag's side went out of the Champions League following their defeat to Bayern Munich at Old Trafford on Tuesday night, and finishing bottom of their group for only the second time ever meant that United missed out on the Europa League as well.