Europa league prize money:
Round of 32: €200,000
Round of 16: €350,000
Quarter-finals: €450,000
Semi-finals: €1,000,000
Losing finalist: €2,500,000
Winners: €5,000,000
That means, that if we win the Europa league, we will get 7 millions €. While if would have made it to the quarter finales at CL, we would get a similar amount. So, I don't know exactly how much we would lose from TV rights (if at all, I mean -we would actually play more matches), but I don't think that it is such a big economical disaster. If we do win the Europa League, of course.