When the dust settles on the past week of European football, another victor has emerged, and it isn’t football but is Her Majesty’s Revenue and Customs (HMRC) according to accounting and tax advisory firm Blick Rothenberg.

Whilst Liverpool and Tottenham Hotspur have progressed to the Champions’ League final, Chelsea and Arsenal have made their way to the final of the Europa League.

The four Premier league clubs’ participation in the Champions’ League (Liverpool/Spurs/Man Utd/Man City), and two in the Europa League group stages (Arsenal/Chelsea), will have generated approximately £210 million by the end of the...