Celtic news: Finance guru issues ‘£125m’ reveal after deal terminated
The low value of Scotland’s domestic TV deal suggests the likes of Celtic will not take a major hit from the scrapped Russian rights package.
So says finance expert Doctor Dan Plumley, speaking exclusively to Football Insider about the SPFL’s response to Russia’s invasion of Ukraine.
As relayed by the Scottish Sun last Thursday (10 March), the SPFL and SFA have pulled their coverage from Russian television.
Celtic trousered £60.7m in broadcast income over the last recorded financial year.
Plumley used the £125million value of the domestic rights deal to illustrate why the aborted Russian deal will not hit the Hoops too hard in the pocket.
“The exact figures for the international rights aren’t readily available,” the Sheffield Hallam University expert told Football Insider‘s Adam Williams.
“The domestic deal, however, is worth £125m over five seasons, so £25m per season. That only puts them 16th on the list in Europe.
“Leagues in Denmark, Sweden, Poland, for example, are earning more for domestic rights.
“I’ll stick my neck out based on those figures and say that the international rights will be quite small.
“The Russia deal will only be a small part of an already small pot. When you put it in the context of the domestic rights, you see the bigger picture.”
The SPFL’s Russian boycott also covers teams’ in-house streaming services.
That means Celtic fans in Russia will be unable to watch their team live through Celtic TV.
In other news, English pundit can’t believe unexpected twist to Celtic controversy.