Brad Penner-USA TODAY Sports

Arsenal have missed out on the chance to play in the newly expanded Club World Cup after failing to win the Champions League.

Mikel Arteta’s side needed to win that competition to qualify for the CWC, but they have been eliminated and will aim to do better next season.

It is a blow for them as all the top clubs have been eager to participate in the newly expanded Club World Cup.

Fans will be disappointed that they will no longer get a chance to see their team play on the world stage.

However, the club’s owners will be disappointed at the financial windfall they have missed out on, says analyst Keiran Maguire.

Participating in the CWC guarantees €50 million, which is a significant sum for the finances of any club.

Maguire told Football Insider:

“FIFA seem to be bending over backwards to try to make their Club World Cup competition as lucrative as possible.

“They are effectively trying to blind people by the check in order to try and give the competition some credibility.

“So from a pure bottom line point of view – and that’s exactly where Stan Kroenke comes from – it will be a disappointment.

“However, there is still progress being made and the club appears to be heading in the right direction.“

Just Arsenal Opinion

It is a blow that we missed out on that amount of money, but we will have the chance to play in that competition in the coming seasons.

More must-reads:

TODAY'S BEST
Late goal sends Panthers to Eastern Conference Finals
Ex-teammate of Shohei Ohtani placed bets with same illegal bookmaker as interpreter 
Former Rams first-round pick retires from NFL after 11 seasons
Insider provides major injury update on Celtics' Kristaps Porzingis
Watch: Bruins strike first in Game 6 with incredible backhand goal
Dodgers make series of moves involving notable players
Giants rookie CF to undergo season-ending labrum surgery
Hurricanes not expected to re-sign defenseman, center
Paul Skenes makes incredible Wrigley Field history in second-career MLB start
Maple Leafs tab former Stanley Cup winner as new head coach
NFL insider expands on competition between Steelers QBs Russell Wilson, Justin Fields
NFL sets outrageous prices for Eagles-Packers Brazil game
Scottie Scheffler shoots improbable 66 after warming up for PGA Championship in a jail cell
Nuggets star has worrying comment about latest injury
Broncos 'very unlikely' to bring back former NFL interceptions leader
Greg Olsen offers broadcasting advice to Tom Brady
Yankees' Juan Soto reacts to Hal Steinbrenner contract talk
Mets star has theory about closer Edwin Diaz's recent struggles
Scottie Scheffler arrested, still makes PGA Championship tee time
Timberwolves chew up Nuggets to force Game 7

Want more FC news?

Join the hundreds of thousands of fans who start their day with Yardbarker's Morning Bark, the best newsletter in sports.