Celtic to blow Rangers out of the water after '£40m+' reveal - Stefan Borson
Celtic are set to blow Rangers out of the water in terms of European prize money this season after qualifying for the Champions League knockout round play-offs.
That is the view of finance expert Stefan Borson, who exclusively told Football Insider the Scottish champions have already banked more than £40million from the elite club competition this season.
Celtic booked their place in the play-off round after earning 12 points from their eight matches in the revamped league phase of the Champions League.
Brendan Rodgers’s side will now face Bayern Munich for a place in the last 16, with the first leg taking place at Celtic Park on 12 February.
Rangers, meanwhile, made it through to the last 16 of the Europa League after finishing eighth in the table.
Celtic to have 'massive' advantage over Rangers
Borson revealed Celtic will earn significantly more than their Old Firm rivals from their European exploits this season.
“I think they are going to get over £40million this season,” Borson told Football Insider.
“Their turnover last year was £125million. They did probably something like £32million from Europe last year.
“Their big problem is the game is against Bayern Munich, so you would have to say they are almost certainly out. That is clearly not ideal, but they will still do around £40million.
“That is obviously very significant for them because the domestic is just over a tenth of that. It dwarfs the domestic deal, so they are just in a different world from the rest of the league.
“Rangers will obviously generate some revenue from the Europa League, but it’s just not comparable. The £40million for getting this far is clearly very significant and it just gives them a massive advantage.
“That’s why the Champions League is just so important these days for Scottish football when you have got a domestic TV deal that’s just a fraction of it.”
In other news, “something bigger behind Celtic’s Kyogo sale” – expert.
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