Manchester United are expected to announce that revenue for the club has fallen by up to £48 million today because of their failure to qualify for the Champions League.
That will force them to look for alternative sources of revenue, which could mean they embark on a post-season tour of India or Asia.
Manchester United officials are reportedly in talks with AC Milan over a friendly in January in order to plug the gap in their fixture list left by their failure to reach Europe's top club competition under former boss David Moyes last season.
The club are expected to announce losses of between £38 and £48 million - taking their overall revenue down by 111% based on last season's revenue of £433 million - because of the lack of Champions League action this season, which has hit television and matchday cash. Their early exit from the Capital One Cup didn't help either.
As things stand their is nothing confirmed about either the friendly against AC Milan or the post-season tour, however the game against the Italian giants is likely to take place in the middle east and could generate up to £3 million.
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The tour will likely take place at the end of the season in May because of a commitment to tour north America in the summer - although that presents it's own problems because it could clash with preparations for the Copa America, which takes place between June 11 and July 4.
That could leave them without a host of star players including record signing Angel di Maria, Marcos Rojo and Radamel Falcao if his loan move to Old Trafford is made permanent.
Although the news will be enthusiastically received by Manchester United's large contingent of fans in Asia, it is a grim reminder of the failure of the Moyes era in the aftermath of Sir Alex Ferguson's retirement from Old Trafford.
Moyes was sacked after just 10 months in charge having consigned Manchester United to their worst finish in Premier League history - although his replacement, Louis van Gaal, has struggled just as badly in his first 11 Premier League games as his predecessor.