A detailed breakdown of the finances of both the SPFL and SFA can be read by clicking the links, where further explanation is offered to the figures in this article. This mid-season report contains twelve graphics, illustrating the prize money earned so far this season under the following headings:
UEFA prize money
Earned so far & the historic European earnings for Celtic
Solidarity Payments
The double-edged sword of Champions League failure
SPFL League Cup
Huge boost for the League Cup Winners St. Mirren
SFA Scottish Cup
Guaranteed so far and still to play for
SPFL Challenge Cup
Now a very lucrative tournament
SPFL League Position
The ‘as it stands’ earnings, although all still to play for
Overall prizemoney
The total earnings for all 42 clubs & select non-SPFL clubs
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UEFA PRIZE MONEY
The UEFA prizemoney can be estimated with a high degree of accuracy, as the majority of the distribution is fixed and released at the start of each UEFA cycle. For example, we know the starting fee in all three competitions and how much a win or a draw is worth, as well as the prize for progressing through each round. We also know the 5-year and 10-year UEFA coefficients of all clubs, which accounts for much of the distribution.
The only estimation is the worth of the “value pillar” to each club in the league phase. This is a newly created pillar which alongside a club’s coefficient, also takes into account the value of the TV rights to UEFA games in each country. Therefore these overall figures are highly accurate, with the final figure in the “value pillar European” column the only figures that may differ slightly from my estimations.
All UEFA payments are shown in Euros and so the actual £ figure received will differ slightly based on the exchange rate on the day the payment was received (UEFA stagger payments throughout the season).

Aberdeen and Rangers are unfortunately out and so cannot add to their pot, but Celtic face VfB Stuttgart in a tricky knockout round tie - where progression would add another €1.75m to their total.
From there, they could add a further payment for each round reached; €2.5m (Quarter Final), €4.2m (Semi Final) and €7m if they are Runners up in the Final. If Martin O’Neill achieves what most fans would class as “impossible” and wins the Europa League, the winners payment is an additional €10m.
The €17m Celtic have banked already this season is a huge amount by Scottish football standards; it’s nearly double the revenue of half the teams in the top flight. However, it is a significant reduction from Celtic’s earnings in last season’s Champions League - where Celtic were paid a Scottish record €45m from UEFA.
The below graph shows Celtic’s earnings via European football since 2012, with the Champions league seasons highlighted in gold. This excludes all associated uplift through ticket money, sponsorships and hospitality sales; it is purely the amount paid by UEFA to Celtic, in euros.
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