The Champions League exits of Atletico Madrid and Real Madrid are not only disappointing in the sporting sense, but in the financial aspect.
Concise News reports that the losses in the last 16 could see the two capital city sides miss out on up to 45 million euros (50,881,635.00 United States Dollar).
Last year, for instance, Real Madrid earned 85.5m euros from their triumph in the tournament, while they took in 86m euros the season previously.
In that same 2016/17 season, Atletico Madrid collected around 67m euros for reaching the semi-finals, where they lost to Real.
The economic situation has changed this year and the prize money has gone up, with the amount for the winner up to around 115m euros.
Having gone out in the last 16, Real are set to earn around 70m euros for their efforts this season, while Atleti are to earn around 67m euros.
The exact figures won’t be known until later as there are a number of variables involved, but it is likely that the two Spanish sides will take in around 45m euros less than the winning team.