International

Celtic pick up bonus £1m pay out

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Celtic have received a near £1m pay out from FIFA for the use of players at the World Cup Finals in Russia.

Mikael Lustig, Tom Rogic, Cristian Gamboa and Dedryck Boyata were all involved with a formula paying clubs $8,530 US per day of their involvement.

FIFA’s website explains:

Distribution amount (USD 209 million gross) is divided by the total number of days (approximately 24,500), which results in an amount per player per day of around USD 8,530 (subject to any taxes and deductions)

The amount of around USD 8,530 is multiplied by the number of days each player is at the World Cup, starting two weeks before the Opening Match until the day following the last match of his team (total per player). The total per player is then distributed to the club (s) with which the player was registered during the previous two years.

Boyata was involved in the tournament for the longest with Belgium playing seven matches to finish in third place, the Celtic defender played in all three group matches.

Although the pay out is welcome there is little doubt that the World Cup impacted on Celtic’s early season plans.

With the Champions League qualifiers starting while the World Cup is still underway it is inevitable that some players are going to be needed for both competitions.

The Celtic players who weren’t at the World Cup Finals in Russia returned to pre-season training in mid June to prepare for their first competitive match of the season- against Alashkert on July 10- four days before Belgium played against England in the third place play off at the World Cup.

Celtic’s pay out has been calculated to be £923,791.

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