Celtic will receive £1.65m from the Uefa revenue distribution system for participating in the Champions League play-off round against Helsingborgs. Add to that around £1m gate money and the guarantee of at least three Europa League games, with Uefa distribution money, you can calculate the value of Wednesday’s win over HJK Helsinki as no less than £6m (all figures are net of vat). Quite a prize for one game.
Compare this to the projected income from newco The Rangers, who claimed to have sold 25,000 season tickets. If all sales were at full adult prices (£258 in vat), net income would be £5.375m.
Should Celtic overcome Helsingborgs and reach the Champions League group stage, the club will return to a remarkably strong financial footing.