ian1964 10,417 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...
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