Celtic‘s money men are probably still counting the serious amount of money raked in from Wednesday night’s Champions League clash with Manchester City, with the amount thought to be more than what the Hoops receive for an entire year of Premiership TV money.
Brendan Rodgers’ side played their first home match in Europe’s elite competition in three years against the Premier League giants, and more than held their own in an enthralling 3-3 draw.
But whilst the efforts of players like Dembele, Toure and Tierney only yielded a single point, the entire 90 minutes could be worth a lot more to the Celtic coffers.
Gaining a point in the Champions League is worth money itself, with UEFA forking out €500,000:
Gaining their first point at Celtic Park netted the Hoops some £432,000 with each draw worth €500,000 in UEFA prize money.
— CelticBible (@CelticBible) September 30, 2016
Moreover, around 52,000 season ticket holders paid £33 for each game as part of a three-game package, making Celtic a further £1,716,000 on the night, with approximately a further 7,000 tickets sold on general sale at £49.
In total, give or take a few pounds, Celtic’s ticket revenue for the Man City clash was £2,059,000 – and when you add the money earned for picking up a draw, and things like merchandise, food and drink, then the final total is likely to swell towards the £3,000,000 mark.
That figure might seem like peanuts compared to the vast riches clubs like City have available to them but to Celtic it’s an extraordinary sum.
Peter Lawwell has been quoted as saying the Scottish champions receive in the region of £2,000,000 for one year of TV money competing in the Scottish Premiership, whilst STV value the figure at around £2,800,000.
So, by the looks of things, three 90-minute games across this season’s Champions League group stages could transform Celtic’s balance sheet for the coming year, perhaps more than fans originally anticipated.
What do you make of the figures?
Let us know in the comments section below…
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