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Celtic scoop £15m windfall from failed...


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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.<No links to this website>/football/spl/...86908-20964419/

Thats all we need :angry2:

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cant say i am surprised. This is why we MUST be in the champions league group stages next year. That is where all the money is. I would rather we got into the groups and got stuffed in every game that not qualify at all.

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