ian1964 10,761 Posted December 12, 2008 Share Posted December 12, 2008 Dec 12 2008 By Alan Marshall CELTIC will pocket a whopping �£15million Champions League windfall despite ending their latest European adventure with Group E's wooden spoon. Gordon Strachan's men rescued some pride from a miserable campaign thanks to Wednesday's 2-0 win against Villarreal. As Scotland's sole representatives in the tournament the Hoops are in line for a windfall. Last season the TV pool rights allocated to each club earned Celtic �£2.8m and Rangers �£2.2m. However, the Ibrox side's exit to Kaunas in the qualifiers means their Old Firm rivals will bank a minimum �£4.5m from broadcasting rights alone. Celtic's two draws and one win have earned them a further �£900,000 in prize money and each of the 32 clubs in the group stage receive a starting bonus of �£2.7m plus �£350,000 per match just for taking part. Add to that gate receipts of around �£1m per match and Celtic can be sure of a mammoth total in the region of �£15m. The figures won't be much consolation to fans gutted at the side's failure to reach the last 16 or even drop into the UEFA Cup - but it could give boss Gordon Strachan cash to strengthen. http://www.dailyrecord.co.uk/sport/2008/12/12/celtic-scoop-15m-windfall-from-failed-champions-league-campaign-86908-20964419/ 0 Quote Link to post Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.