Celtic’s European run earns Scottish clubs £4m windfall

Scotland’s top-flight clubs will share a record £4m windfall thanks to Celtic’s Champions League exploits last season.

The cash – to be distributed to the 11 other Ladbrokes Premiership teams on Thursday – comes after Brendan Rodgers’ side qualified for the group stages 12 months ago.

The Hoops’ rivals will each be given around £370,000 in UEFA solidarity payments, the largest such sum ever paid out to Scottish clubs.

This year’s total is more than double the £1.8m received last year and is 10 times the total of £400,000 paid out by UEFA to Scottish Professional Football League clubs in 2015.

Neil Doncaster, chief executive of the SPFL, said: “This is very welcome news and a further sign that clubs prospering in European football is a boon not just for them but for others in the Ladbrokes Premiership, too.

“Having a Scottish representative in the group stages of the UEFA Champions League enhances the profile of the SPFL and brings financial benefits to other top-flight clubs via these solidarity payments.”

Source link Share by Nembar

Be the first to comment

Leave a Reply

Your email address will not be published.