Celtic’s victory over Feyenoord will add 2.8m euros to their Champions League payout from UEFA.
There is a complex formula involving market share which takes into account the type of group that you are involved in with teams from Spain and Italy ensuring that the hoops were playing to some of the biggest television audiences.
Match payments are fixed with a very attractive 2.8m euros paid out for winning just one group stage match which is more than 50% of the prize money that Celtic collected for winning last season’s domestic treble. At current exchange rates that works out at about £2.5m.
In the most basic terms two Champions League wins bring in more than you collect for a season of success in Scotland.
Another reason why the board’s non committal attitude to Europe is illogical.
That win earned us €2.8m. That’s £2,412,845 currently.
The Viaplay Cup Winners=£380k
The League=£3.35m
Scottish Cup=£602k
The Treble = £4,332,000
ONE win in CL is 55.69% of total Scottish prize money????— John Hughes (@yogijunior3) December 13, 2023
For the Celtic squad the bonus money will be welcome but last night’s win clears a cloud that has been hanging over the club for far too long.
Not since Ajax were beaten in October 2013 with a goal from James Forrest and a deflected shot from Beram Kayal has the club succeeded at home in UEFA’s top competition.
Winning this season’s SPFL title is the target for this season followed by a crack at next season’s all-in competition that involves eight matches against different opponents with the home and away aspect ditched.
