RE: Champions League4 Sep 2022 08:42
oldblue, not sure if you are either ill-informed or have chosen not to do any research around this. I would estimate that Celtic will earn a minimum of c.£30m from participation in this year's CL based on disappointing performances and early elimination.
- Each team receives EUR 15.64M for participation in the group stage
- Celtic would receive EUR 4.6M based on one win and two draws in the group stage. Any improvement on this would add at EUR 2.8M per win or EUR 930K per draw. Advancement beyond the group stage would see a minimum additional EUR 9.6M. But let's stick with the EUR 4.6M assumption.
- I believe there are seven teams in the group stage with a lower co-efficient, which means that Celtic receive 8 x EUR 1.137M = EUR 9.1M
- The market pool share is harder to calculate but EUR 5M is a conservative assumption.
15.64 + 4.6 + 9.1 + 5 = EUR 34.34M
Current exchange rate of £0.86 to the Euro = £29.53M
With a fair wind, I'd say popes11's £40M is likely to be closer than your £15-20M.
Of course the same is now also true for Rangers, albeit the co-efficient payment will be c.EUR 7M lower and the market pool share fractionally lower. Therefore, based on the same assumption re actual performance, your £20M assertion is actually likely to be true for Rangers.
Homework beats partisan detraction.