Manchester United, on Tuesday (11/18/2014), will announce financial data reflecting losses due to failure to enter the elite European sport tv competition season 2014/2015.

Quarterly data for the books until the end of September will include all sources of revenue accruing to the club, from the inclusion in the game until the TV rights.

United have estimated that revenues will fall between 38 million to 48 million pounds, liga champion compared to 433 million revenue poundtserling recorded last year. The main factor is the failure of the revenue drop in United's entry into the Champions League.

Because it does not compete in  Europe, United did not receive royalties from the television broadcasting rights of live UEFA, amounting to 35.7 million last year poundtsrling. United also can not reap the revenue from European games held at Old Trafford, which last year worth around 20 million pounds.

United's board of directors is expected to reveal the steps that will be taken to cover the loss of revenue from spanyol Champions League Two post revenues that can be inflated is a commercial deal and advertising.