SNS GroupCeltic’s Champions League journey came to an end in heartbreaking fashion on Tuesday, as Bayern Munich’s late, late goal ended hopes of progressing to the last 16 of the competition.
Now the dust has settled on what was an impressive performance at the Allianz Arena, Brendan Rodgers and his side will turn their attention to domestic silverware and then, as captain Callum McGregor said: “We bank the experience that we’ve had over the last ten games and hopefully we’ll be even better for that next year.”
Experience isn’t all the Scottish champions will bank. UEFA’s new-look competition is more lucrative than ever, and Celtic’s results against Europe’s elite will count as a success on and off the field.
So how much has their thrilling campaign earned from European football’s governing body? We’ve broken it down.
League Phase qualification
SNS GroupBy winning last year’s league title, Celtic claimed another prize alongside the Premiership trophy.
Domestic success gained automatic entry to the new League Phase of the elite competition, bypassing the play-offs, and earning a participation fee without even kicking a ball.
Each team in the League Phase gets €18.62m (£15.41m) as a welcome to the tournament proper.
Points mean prizes
SNS GroupWith eight guaranteed matchdays instead of the traditional six, there was greater opportunity for performance-related pay this season and Celtic took advantage.
UEFA award €2.1m for every win and €700k per draw in the League Phase.
Celtic racked up three wins from their eight games, against Slovan Bratislava, RB Leipzig and Young Boys, as well as earning draws against Atalanta, Club Brugge and Dinamo Zagreb.
That added another €8.4m (£6.95m) to the pot for the Parkhead club.
League ranking bonus
That set of results meant Celtic finished in 21st place out of the 36 teams in the league phase and earned progress to the knock-out round. But it also meant a sizable additional payment.
UEFA pays further prize money depending on the final league position. The bonus prize pot is split into 666 equal shares of €275,000 and the team that finishes 36th in the league gets one share.
An additional share is added for every place above 36th all the way up to first place, which receives 36 shares.
Celtic’s position means they have 16 shares and pocket another €4.4m (£3.64m)
Reaching the knock-outs
Reaching the knock-out rounds set up a glamour tie against Bayern Munich and, like every other step along the way, brought more prize money.
Qualification for the knock-out play-off round added another €1m to the total earnings.
The value pillar
Up to this point, the payments have been pretty straightforward and directly linked to success but there’s another layer of revenue share that’s a little more complicated.
UEFA share a portion of their global broadcast earnings with participants but split it into different parts that mean an individual calculation for each club.
The larger portion is for the European part of their income and payments to clubs are based on two elements: How much the nation’s broadcast market contributes to the overall pool; and the individual club’s five-year co-efficient score.
Figures for this part of the payment haven’t been finalised by UEFA yet but it’s estimated that Celtic will earn around €9.6m (£7.95m).
The non-European market share pay-out is simpler and based solely on a club’s ten-year co-efficient. That will bring Celtic in the region of €4m (£3.31m).
The total
Added together, the sums earned come to €46m, £38.1m at today’s exchange rate.
That doesn’t represent the full earnings for the Parkhead club from the competition, with ticket sales and other matchday revenue from nine sell-out games boosting the return and adding to the positives from a memorable season in Europe.
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