Celtic Earns €46.16m Despite Champions League Exit
Celtic Earns €46.16m Despite Champions League Exit

Celtic Earns €46.16m Despite Champions League Exit

News summary

Celtic's recent Champions League campaign ended in disappointment after a 1-1 draw against Bayern Munich, resulting in a 3-2 aggregate loss that knocked them out of the tournament. Despite the exit, the club is set to benefit financially, with earnings from the competition totaling approximately €46.16 million (£38.22m), and potential total earnings exceeding £50 million when ticket sales are included. The new UEFA Swiss Model has introduced increased prize money, allowing Celtic to enhance their financial position and pursue further squad improvements. Manager Brendan Rodgers expressed pride in the team's performance, noting significant progress compared to past seasons. While the defeat to Bayern was painful, fans can take solace in Celtic's impressive run and the financial rewards that come with it, which may facilitate future investments in the team. Next season, Celtic will need to navigate qualifiers to secure a spot in the Champions League, a challenge they have struggled with historically.

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