Thursday, April 25, 2024
SportScottish PremiershipCeltic on course to land record £22 million Champions League windfall

Celtic on course to land record £22 million Champions League windfall

@CCP_sport

Celtic will land a record £22 million if they overcome Hapoel Be’er Sheva and reach the lucrative Champions League group stages.

UEFA have increased the spoils handed out to participants since the Hoops last rubbed shoulders with Europe’s elite during the 2013/14 campaign.

Clubs are given £1.75 million for progressing beyond the play-offs and also land a bumper group stage fee of £10.3 million.

STK UEFA-1 champions-league-logoCeltic would also benefit from a ‘market pool’ payment as part of the television deal and could be handed another £10 million.

A further £8 million is up for grabs as part of the performance-related rewards for the six group matches.

Teams net £1.3 million for every group stage win and £430,000 for each draw.

Were Celtic to reach the round of 16, just like they did 2012/13 when they were beaten by Juventus, they would land another £4.75 million.

Quarter-finalists earn £5.2 million and semi-finalists £6 million. The eventual European champions pick up a cheque for £13 million, while the runners-up receive £9 million.

The Glasgow club generated £20.5 million from their Champions League run three years ago, and £15.2 million the following year.

The difference in prize money between the Champions League and Europa League is vast.

Reaching the group stages of Europe’s less prestigious competition nets clubs just over £2 million, while £310,000 is handed out for each win.

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