Kieran Maguire: Uefa rules favour Celtic over Rangers as '£3m' windfall secured
Celtic are in line to earn more money than Rangers from the Champions League in 2022-23 despite the fact that they started at a £3million disadvantage.
That is the view of finance guru Kieran Maguire, speaking exclusively to Football Insider about how Uefa will distribute cash between the Glasgow giants.
Celtic qualified for the group stages of Europe’s premier club competition through their 2021-22 Scottish Premiership triumph.
Rangers meanwhile had to go through the play-off rounds, where they overcame Union Saint-Gilloise and PSV Eindhoven in two-legged encounters.
The Hoops begin their European campaign against Real Madrid on Tuesday (6 September), with games against Shakhtar Donetsk and RB Leipzig on the horizon in Group F.
Rangers meanwhile play their first Champions League group stage game in over a decade at Ajax on Wednesday (7 September) before facing off against Napoli and Liverpool in Group A.
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Maguire explains that the intricacies of Uefa’s distribution system and the superior size of Celtic’s stadium will likely lead to them finishing the group stages with more cash than their fierce rivals.
“Rangers did have two sell-out crowds in the preliminary rounds,” he told Football Insider’s Adam Williams.
“Those matches are likely to have brought in £3m over the course of both games.
“It’s going to be nip and tuck in terms of where they stand in comparison to Celtic because of the way Uefa organise the different pools of money.
“As far as Scotland is concerned, Celtic will get 55 per cent and Rangers will get 45 per cent which is related to the amount of money that is paid in by the national broadcaster.
“So Rangers are perhaps a little bit ahead at this present stage, but Celtic could potentially earn more money from their bigger stadium and matchday revenue.
“However, performance is key too. Each win is worth £2.4m and participation in the knockout stages is likely to be very lucrative.”