This market will resolve to “Yes” if at least one of the following clubs — Arsenal, Chelsea, Liverpool, Manchester City, Manchester United, or Tottenham Hotspur — fails to qualify for any European (UEFA) football competition (UEFA Champions League, UEFA Europa League, or UEFA Conference League) for the 2026-2027 European season. Otherwise, this market will resolve to "No". A club will be considered to have qualified for a UEFA competition if it earns entry into any stage of that competition for the 2026–27 season, including any qualifying round or play-off round. Qualification includes qualifying for any of the 2026-2027 UEFA competitions by winning a 2025-2026 UEFA competition. If European qualification is not officially finalized by July 30, 2026, 11:59 PM ET, this market will resolve based on the official determinations available at that time. If at least one of the clubs has not officially qualified for one of the three competitions by July 30, 2026, 11:59 PM ET, this market will resolve to "Yes". The primary resolution source will be official information from UEFA; however, a consensus of credible reporting may also be used.