According to eveningtimes.co.uk, UEFA have handed out £4million in solidarity payments to 11 Premiership teams because of Celtic’s success.
They made it through qualifying games to reach the group stages before being knocked out in a group including Borussia Monchengladbach, Manchester City and Barcelona.
And while not getting European football beyond Christmas may have been disappointing, it was good enough to earn Scottish clubs a sum of around £370k each.
Per eveningtimes.co.uk, SPFL chief executive Neil Doncaster has 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.”
Given Celtic are competing in this year’s group stages too, you’d have to expect the Premiership teams will get another significant windfall next year to enjoy.