(AP Photo/Christophe Ena)

LIVERPOOL, England (AP) Liverpool manager Rafa Benitez has held talks with the club's managing director about the financial implications if it failed to reach the knockout round of the Champions League.

Liverpool has qualified from the group stage every season since Benitez took charge five years ago and won the competition in 2005. But it now risks elimination after a draw in midweek at Lyon, and could miss out on up to 10 million pounds ($16.6 million) from UEFA.

The 18-time English champions must win its final two Group E games and hope that Lyon gets at least a draw at Fiorentina in its next match.

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