Celtic FC made the group stage of the UEFA Champions League last season, and that produced quite a lot of money- £30 million to be exact– to add to the club’s coffers a result. And they will be hoping to do just that again this season.
In order to do it, though, they will have to navigate through three qualifying rounds. First up will be a match up with Belfast-based Linfield starting next week. If they make it past this round, they will win €420,000 on top of the €320,000 earned for getting to this point.
A win in the playoff stage, the third round they could face and the fourth that others could face, could bring them €2m. If they were to lose there, it would be moved up to €3m.
The real money, though, is in the group stage. If they progress there, they will make €12.7m. Each win would give them a bonus of €1.5m, and each draw would give them a €500k bonus. This doesn’t count the TV money to go along with it, either!
This is big for Celtic, as they look to rebuild themselves and go again in Europe after being eliminated from last season’s group stage.