Here’s how much money Celtic have already earned from Europe this season and how much they can still make in the Europa League.
There was widespread panic among Celtic fans when they crashed out of the Champions League qualification phase earlier this season at the hands of CFR Cluj. Failure to reach the group stage was not only a miss for the fans to witness the club take on some of the top clubs of Europe but also a huge monetary loss for the Hoops.
Fortunately they have managed to steady the ship since then after the arrival of stars like Fraser Forster and Mohamed Elyounoussi on loan. And they have managed to make a lot of money with an impressive campaign in the Europa League.
Celtic have managed to earn €7.71 million this season in Europe, combined from the UEFA Champions League qualification phase and the Europa League campaign. This figure does not include ticket sales and the television money that the club has managed to earn from these games. This is still a lot lower than what they would have earned if they had managed to qualify for the group stage of the UEFA Champions League – €15.25 million.
There is still a lot more money still available to be earned though. Qualification for the last 16 would see them earn €1.1 million and a further €1.5 million if they manage to go through to the quarter-finals. Semi-finalists will earn €2.4 million while finalists get another €4.5 million. The winners will collect another €4 million. Add to that the television money that comes with big European nights, which the latter stages of the competition are sure to be.
That is still a long way to go though as the club must first get through FC Copenhagen who they were drawn against for the Last 32 of the competition. But Celtic have done terrific in the competition since then as they won four of their six games in the group stage beating the likes of Lazio, Rennes and CFR Cluj. Copenhagen on the other hand had a much easier group and will face their toughest test this season when they face Neil Lennon’s men.