Revealed: Celtic to land £5.4m windfall...plus top-up cash

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Published on:

18 Apr 2019, 6:33 am

By Wayne Veysey

Celtic's participation in Europe this season has earned them a guaranteed £5.4million so far and it is set to be topped up when final distribution figures are confirmed.

The Scottish treble chasers netted the sum from their run to the last 32 of the Europa League as well as through their early Champions League qualifiers last summer.

Celtic's failure to reach the Champions League group stages mean the club missed out on the £28million windfall from the competition they secured in the 2017-18 season.

But Uefa's Europa League distribution data shows that the Glasgow giants still bulked up their revenues through reaching the knockout stages of Europe's secondary competition.

Celtic earned £1m for progressing through the European qualification rounds, £2.5m from their group stage allocation, £430,000 for securing a place in the round of 32, and a further £1.5m in prize money for their performances in the group stages.

The £5.4m figure will be further topped up by the Scottish clubs' share of the TV pool, the sum of which is yet to be confirmed, as well as through Celtic' Uefa co-efficient ranking of 45th across the continent.

Celtic will also have made a profit from hosting eight European matches at Parkhead, nearly all of which were sell-outs, as well as commercial and merchandise spin-offs from those games.

The Glasgow club were eliminated from Europe at the last-32 stage by Spanish high flyers Valencia in February.

In other Celtic transfer news, it can be REVEALED that a recent mainstay of the matchday squad has been told to find a new club.

Celtic