No. If they win and finish 5th, then the 4th placed team doesn't get in.
If Liverpool finished fifth and Arseanl sixth, and each won their respective European trophies, neither 3rd or 4th would get into Champions League next year.
Not anymore. Whereever they place, if they win, they are in but 1-4 are still in anyway.
If Arsenal win the Europa, and Liverpool finish 5th and win the CL, England could have six sides in the CL next season.
CL is limited to 5 with a total of 7 European spots.
@cliveo started
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No. If they win and finish 5th, then the 4th placed team doesn't get in.
If Liverpool finished fifth and Arseanl sixth, and each won their respective European trophies, neither 3rd or 4th would get into Champions League next year.