| Club | Season | Type | Payment basis | Loss date | Historical loss | FV factor | 2026 FV |
|---|
| Club | Matches | Historical | 2026 FV | At realization |
|---|
| Date | Season | Competition | Round | Opponent | Venue | Score | City | Associated value case | Historical | 2026 FV |
|---|
| Assumed City baseline | Historical PL | PL 2026 FV | Historical total | 2026 total | Realization-adjusted 2026 |
|---|
Season-specific payment basis
No payout is reused across seasons. Premier League losses use that season's exact merit £ per place. Cup cases use the prize schedule applicable to that cup season. European cases use the economics of the European campaign actually missed, net of UEFA income actually received.
Premier League
For example, a one-place displacement in 2009/10 uses £800,424; the equivalent 2017/18 displacement uses £1,931,268. Each club-season is calculated independently.
Domestic cups
Only guaranteed progression economics are used. Earlier-round League Cup cases with no guaranteed prize remain £0; final cases use only winner-versus-runner-up incremental prize value.
Europe
European losses are dated to the end of the following missed UEFA campaign. This is deliberately conservative because many UEFA and matchday cash flows would have arrived earlier.
Future-value rate
Official Bank of England Bank Rate is used as the sterling time-value benchmark. Each interval between rate changes compounds at the rate applicable during that interval.
Formula
For each loss: 2026 FV = historical loss × product of the Bank Rate accumulation factors from the loss date to 5 October 2026. No single generic rate is imposed across 2010–2019 losses.
Why Bank Rate?
It is observable, UK-specific and conservative. CPI would measure purchasing power rather than opportunity cost; statutory judgment interest would embed a legal entitlement assumption; equity/WACC returns would be substantially more speculative.
Not legal interest
The 2026 uplift is an economic future-value view only. It is not a claim that Bank Rate, statutory interest or any particular damages interest rate would legally apply.
Historical sporting baseline
City's 2002/03–2007/08 average league finish was approximately 12th. The app permits 9th–15th sensitivity but keeps the central case at 12th.
League reconstruction
City is reinserted at the assumed rank, not removed. Only clubs between City's actual and assumed positions receive one-place merit uplift.
Netting
Every loss equals counterfactual economics minus actual economics already received. This applies to Premier League, UEFA and cup values.
Exclusions
Broadcast exposure remains unpriced. Speculative sponsorship, brand, fan-growth, player-value, managerial and transfer effects remain outside the core model. 2008/09 remains excluded.