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Liverpool's early Champions League exit to Atletico Madrid is expected to cost them more than £30million

Liverpool's failure to get past the Champions League's last 16 for the first time in three years is expected to cost them more than £30million.

Jurgen Klopp had won all 10 of his previous knockout fixtures as Liverpool manager and the financial rewards of reaching the Champions League final in 2018 - then winning the tournament 12 months ago - have been huge.

They received £54.7million in prize money for beating Tottenham last June but elimination at the first knockout stage will have a considerable impact - last year's figures showed they pocketed a combined £31.