Celtic’s impressive record in European competition has not only bolstered their reputation on the continental stage but also significantly boosted their finances.
Celtic players pose for a team group photo before the match REUTERS/Antonio Bronic
Over the past decade, the Hoops have amassed a staggering €223,451,331 from their European campaigns. This figure places Celtic firmly ahead of their Glasgow rivals Rangers, who earned €105,391,672 in the same period.
Celtic’s ability to consistently qualify for European competitions, particularly the UEFA Champions League group stages, has been instrumental in their financial success.
This season’s Champions League offered increased prize money, with Celtic performing well and could be set to rake in a fair amount from their placement bonus.
Over the past 10 years how much has every Scottish club made from Europe?
Well here’s your answer! pic.twitter.com/YfVVm5AY3V
— SPFL Mediawatch (@SPFLWatch) December 20, 2024
While Rangers have seen an uptick in European earnings in recent years, particularly with their Europa League Final run in 2022, their financial gains remain significantly behind Celtic’s. The €105,391,672 they earned over the past decade is less than half of Celtic’s revenue.
This stark difference in European earnings has given Celtic a significant financial advantage over Rangers, enabling greater investment in the squad, infrastructure, and youth development. It also highlights the importance of consistent European qualification and progression in maintaining dominance both domestically and financially.
As Celtic continues to compete on multiple fronts, their European ambitions remain key to maintaining this financial edge. With the Champions League expanding and offering more opportunities for prize money, the potential for further revenue growth is substantial.
