Celtic tipped for bonus ball in Champions League cash boon as ditching ‘tired’ restrictions sees £40m pot overflow

Celtic tipped for bonus ball in Champions League cash boon as ditching ‘tired’ restrictions sees £40m pot overflow.

As a part of Europe’s top competition, the Scottish champions are reaping financial benefits.

Bullish Martin O’Neill has predicted that Celtic will advance past the Champions League stage.

And in the midst of Europe’s premier competition being redesigned, that would mean the Scottish Premiership winners receiving another payment from UEFA. Brendan Rodgers gave the Celtics the perfect start to the campaign when they destroyed Slovan Bratislava in Glasgow’s east end. However, with Borussia Dortmund up next, they will have to put their European heritage to the test.

And O’Neill believes the new structure is the ideal chance for the team to advance in Europe. O’Neill guided Celtic to the UEFA Cup Final in 2003. He stated to the Daily Mail, “I felt the other format was so stale. Very worn out. Certain early matchups meant little to even the strongest teams, who already knew they would place first or second. It is true that this new format is superior than the old one and that it does, in fact, allow teams like Celtic a chance.

“Maybe all you have to do is win at home, and Celtic’s victory over Bratislava was fantastic. Without a question, a few of these away games will.

The club earned £1.7 million from the victory over Bratislava; this amount will be matched with each victory in the league stage. Stat experts Opta have said that 10 points would be required if the team tried to fulfil O’Neill’s prophecy. The Hoops would earn £5.6 million (£1.7 million x 3, £584k for a draw) with three victories and a draw. They would also receive a bonus ball of about £1 million for making it to the knockout stage.

After all, Celtic has already earned a staggering £40 million from its European adventures this season. Rodgers’ team has already received £15.7 million for merely making it to the group stage. That is prior to the payment of a performance-related bonus that is contingent upon the ultimate overall rankings.

Each share will start at £236K, with the bottom-ranked club receiving one share. However, as you go up the 36-team table, the value of each share increases (£236K x 36 would earn £8.4m). With Celtic expected to finish in the top 24, they have a good chance of winning a sizable portion of the money.

Two additional pillars were added to the Champions League redesign, which will divide the remaining funds. The first one is worth £540 million, or 75% of the overall share, and it incorporates the media market of the individual leagues along with a modified five-year coefficient.

The other is the non-European component, or the remaining 25% of the total, which accounts for the previous 10-year coefficient at a cost of £179 million.

Furthermore, O’Neill stated that it IS reasonable to evaluate the team based on its European history, and he urged them to aim high in the competition, with Bundesliga powerhouses up next. He continued: “Once you have won the European Cup, the teams which follow at that club are judged by that standard.”

“I don’t see anything wrong with wanting to have a competitive squad in Europe. Hear me out: football is getting harder the way it’s going. That which Celtic accomplished in 1967 may never be matched. However, anyone who is a Celtic should unquestionably aim for significant success in Europe.”

If Celtic make it beyond the knockout round and into the round of sixteen, there will be an enormous reward. Clubs that get to that stage.

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