By Emma Sanders

Celtic players earn double the amount of their Old Firm rivals Rangers, a yearly report on sports salaries has revealed.

The Hoops’ annual first-team pay is almost 17 times more than the average salary of the lowest paid team in the Scottish Premiership, which is Hamilton.

The Sporting Intelligence website reveals that Celtic’s first team squad earn an average salary wage of £717,860 whereas Rangers players earn a yearly salary of just £316,292.

If the Premiership table was based simply on money, Celtic should win the league, with Rangers coming in second, Aberdeen third and Hearts in fourth.

The current league leaders have an 11 point lead over Rangers in third and the average yearly salary of Brendan Rodgers side is almost 9 times the amount of rivals, Hearts.

The gulf of pay in the Scottish Premiership is put in perspective by the fact that Celtic’s top players each earn approximately as much by themselves as the entire squads at Inverness, Motherwell, Kilmarnock, Ross County, St Johnstone, Partick Thistle and Hamilton.

Celtic and Rangers’ team salaries put together is double that of the entire other 10 clubs in the Scottish Premiership too, demonstrating their dominance on the league.

The Daily Record revealed that United have the highest wage bill in world football and Celtic stars are paid almost 8 times less than the Premier League giants.

According to the Daily Star, Scott Brown is Celtic’s highest paid player and the Scotland skipper reportedly earns £25,000 a week which is less than 10 times the amount England captain Wayne Rooney earns – but is more than any other player in Scotland.

In other Celtic news, the club are battling to sign this 24 year-old forward in January.