In the world of football, financial success is often as celebrated as victories on the pitch. For Celtic FC, the 2022/23 season has been a testament to this, with the club raking in a substantial amount in prize money alone. It’s important to note that these figures do not include other revenue streams such as TV rights, gate receipts, or season ticket sales, but purely the prize money earned from various competitions.
Before delving into the specifics, it’s worth mentioning a few caveats. The SPFL prize money is based on a distribution model and is an estimate of the total SPFL revenue. Last season, this estimate was within 2% of the final numbers, providing a reliable benchmark for this season’s calculations. The figures for the Scottish Cup and the Viaplay Cup are based on official documents, ensuring their accuracy.
Celtic, the champions of Scotland, have had a financially prosperous year. Their success in domestic and international competitions has led to a significant windfall in prize money.
In the SPFL, Celtic’s first-place finish netted them a cool £3.843 million. This is the maximum domestic prize money, reflecting the club’s dominance in the Scottish football scene.
Their journey in the Scottish Cup, although ending in the finals, still brought in a significant £549k and mother £60k would be added on should Celtic win the competition.
The Viaplay Cup saw Celtic emerge as winners, adding another £350k to their prize money tally. This victory not only bolstered their reputation but also their financial standing.
However, the most substantial contribution to Celtic’s prize money earnings came from the UEFA Champions League (UCL). Their impressive performance in this prestigious competition earned them a staggering £25.26 million. This windfall underscores the financial benefits of competing in Europe’s premier football competition.
In total, Celtic’s prize money earnings for the 2022/23 season amount to an impressive £30.02 million. This figure, derived solely from prize money, highlights the financial rewards of success in football. As Celtic continue to compete and succeed, their financial prosperity is likely to continue in tandem.
Despite their best efforts, Rangers couldn’t match Celtic’s financial success in the 2022/23 season. Their second-place finish in the SPFL, while commendable, earned them £2.75 million, a figure significantly lower than Celtic’s league earnings. Their runs in the Scottish Cup and Viaplay Cup, ending in the semi-finals and finals respectively, brought in £309k and £160k. Although these sums are substantial, they fall short when compared to Celtic’s earnings from the same competitions.
The disparity is further highlighted in the UEFA Champions League, where Rangers’ officially became the worst team in the history of the completion – a £17.71 million payout, considerably less than Celtic’s earnings. In total, Rangers amassed £20.94 million in prize money, a figure that, while impressive, underscores the financial gap between the two Scottish giants in the 2022/23 season.
Information thanks to @SPFLMediaWatch
