The pot of UEFA payouts is long and complicated but last night Celtic were given a significant financial boost when Olympiakos were knocked out of the Champions League by Maccabi Haifa.
Knocked out doesn’t give the 0-4 scoreline justice, after a 1-1 draw in Israel the Greek side were strong favourites to go through but Maccabi Haifa had other ideas with reported Celtic target Mohammad Fanni scoring the fourth goal.
As UEFA tilt their payments towards favouring the bigger clubs Celtic get to pick up some of the trickle down effect. Payments based on a 10-year co-efficient means that the hoops are still befitting from their last run into the last 16 of the Champions League with the home win over Barcelona the undoubted highlight.
Olympiacos were pumped out of CL qualifying tonight. As they were ranked above us on the 10 year coefficient, the result should mean Celtic get an extra ~£950,000 or so from the coefficient payment.
— Moravcik67 (@Moravcik67_) July 27, 2022
With over 26,000 Twitter followers Moravcik67 is the UEFA expert that Celtic fans can rely on with his interpretation of co-efficients, payments and seedings for all matters European.
There are still two rounds of qualifiers to be played before the make up of the Champions League is confirmed.
Celtic will be in Pot 4 when the draw is made on August 25 with their payment dependent on points won, possible progress in the competition and the standing of their opponents which is a mix of past performances and television market share.
The TV market share is UK wide and could be split five or six ways depending on the progress or otherwise of Giovanni van Bronckhorst’s side who face Union SG over the next two midweeks.