Extra revenue is irrelevant for clubs the size of United and Liverpool. Plus the extra revenue is barely anything anyway especially when comparing it to the CL.
To attract the very best footballers, you need the CL. I highly doubt being in Europa would tempt them. I mean the very best players such as Bale, would he be tempted by a team playing in Europa even if it is European football? Plus, even the very good footballers in top clubs, say Isco I doubt he'd want to leave RM for a team in Europa.
Do Liverpool or United need the right mentality to play in Europe though? We've won the CL competition a combined 8 times.
You can achieve CL qualification through concentrating on the league though. Having the Europa league, FA Cup and League cup coupled with having to play league games is so many competitions to juggle plus more risk of injuries. Imagine Coutinho gets injured in a Europa league game ahead of a huge game against a PL rival. I know its an assumption but its a possible scenario. Plus, the Europa League knockouts you could easily lose both legs by having 2 off days whereas with the league, its more of a marathon.
Overall I think most of your points apply to most Premier League sides who don't consistently play or have played or have ever played in the CL and the Europa League is what most of them could hope for. To clubs the size of United and Liverpool, most of those points don't really apply. In terms of playing young players, it is more games but you could easily give them the league cup games and early round FA cup games. You could even give them a game here and there in the PL. Maybe there's more exposure to a higher level in Europa than say the league cup but most times the group stages are usually filled with piss poor teams (no disrespect to them).
Yeah I enjoy watching European football especially big ties which the Europa League has thrown up. I just don't want United to be in it, I'd much rather they be in the CL or not be in Europe at all if not the CL.
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