Defeat to Ajax this week has seen Real Madrid blow €45 MILLION in UEFA money.

Winners of the competition for the past three seasons, Real Madrid's elimination at the round of 16 has seen the Spanish giants lose a potential €45m - plus more from sponsorship bonuses.

AS reports to reach the quarterfinals earns €10.5m, the semifinals €12m and to be present in the final at the Wanda Metropolitano €15m plus €4m extras for the champion.

In addition there's another €3.5m due for playing in the European Super Cup.