Celtic unlock hidden Champions league jackpot amid 40m bonanza

The defeat of the Slovakian champions has boosted the Hoops’ chances of reaching the play-off rounds, as well as their money balance.

Celtic’s Champions League season began with a strong win, adding to their anticipated earnings from Europe’s top league.

Brendan Rodgers’ team easily defeated Slovan Bratislava, with five different goal scorers contributing to the big prize pot in Glasgow’s east end. Liam Scales scored first, and Kyogo’s goal early in the second half put Celtic ahead. Arne Engels, a record-breaking acquisition, continued his strong early form by scoring from the penalty spot. Daizen Maeda added another goal, and replacement Adam Idah completed the sweep.

And the club received £1.7 million for winning the league phase. Celtic’s anticipated salary exceeds £40 million. The Hoops received £15.7 million merely for making it to the group stage.

Performance-related payments are also depending on final overall standings. The initial value of each share will be £236K, with the lowest-ranked team receiving one share, but this will increase as you go through the 36-team table (£236K x 36 = £8.4m). With Celtic aiming for a play-off position by finishing in the top 24, they may land a sizable slice.

Clubs who advance to the playoff phase receive approximately £1 million. If they proceed to the final 16, they will receive a £9.2 million reward.

The Champions League overhaul also created two pillars to disperse the remaining wealth. The first option is worth £540 million, accounting for 75% of the overall share, based on the individual leagues’ media markets and a modified five-year coefficient. The second component is the non-European part, which includes the previous 10-year coefficient at a cost of £179 million and accounts for the remaining 25% of the distribution. Even if Celtic finished in the lowest third of the European pillar and non-European element, they would still receive £6 million.

Read more at: https://sportupdates.co.uk

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