Climbing into the top-four is starting to look like an impossible task, and winning the Europa League is a long-shot so could Arsenal cope with another year without Champions League football?

1So far so bad

So far, Arsenal’s one year without the top European competition has been a bit of a nightmare.

The team have fallen way behind in the Premier League, and fielding two entirely different teams domestically and in Europe seemed to kill the club’s momentum as much as it helped in avoiding injuries.

Then there’s the financial impact.

In making it out of their Europa League group, Arsenal earned €5.26m. The maximum they could make, even by winning the competition, is €15.71m.

By comparison, Spurs earned €26.7m just for making it through the Champions League group stage.

Both clubs will earn more than just the standard prize money, with market pool payments and TV money, so this isn’t the full picture.

Still, it emphasises the major financial disparity between the two competitions and as Arsenal budget for being in the Champions League three out of every four seasons, what happens if they fail twice in a row?