Celtic Champions League adventure banks 7 Premiership clubs £1.6m boost and only Rangers miss out on major payday
dailyrecord.co.ukCeltic's adventure in the revamped Champions League is set to bank 7 Premiership clubs a major boost of £1.6m each - with rivals Rangers the only club NOT to significantly profit.
The Hoops kicked off the 2024/25 campaign in the shiny new League Phase with a rampant 5-1 win over Slovan Bratislava that has sparked hopes of a long-awaited prolonged run in the tournament under Brendan Rodgers.
It's the third year running Celtic have qualified for the competition proper and while that's significantly boosted their own bank balance, it's been good news for the balance sheets of the rest of the Premiership clubs who haven't competed at Europe's elite level in that time.
As part of Celtic's qualification for last season's Champions League, it's reported by the Daily Mail that £650,000 will be paid by UEFA to the nine clubs who didn't play European group stage football in 2023/24 - Dundee, Hearts, Hibs, Kilmarnock, Livingston, Motherwell, Ross County, St Johnstone and St Mirren - as a means of softening the blow of missing out and spreading the money around.
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