Scottish Premiership clubs are set to receive a bumper Champions League payment following Celtic and Rangers’ involvement in the group stage of the tournament.
UEFA’s tournament will land top-flight SPFL sides, who were not involved in Europe’s elite competition, £1.1million – a rise of 80 per cent due to fresh terms of the new-look format.
The Daily Mail reports that Hibs, Aberdeen, Kilmarnock, Livingston, Motherwell, Ross County, St Johnstone, St Mirren and relegated Dundee United will all pick up £650,000 in tax-free cash following Celtic and Rangers’ group stage involvement.
The report goes on to state that Hearts do not receive payout, which is up from £340,000 from the previous year, because of their involvement in the group stage of the Uefa Conference League.
Aberdeen did land the fee but they will not be eligible for payment next season.
This year’s Champions League financial gain will again soar next term with the Scottish Premiership winners set to net around £30million from the new-look tournament.
The new look format will guarantee eight games and there is also the possibility of Celtic and Rangers reaching the last 24, which will secure two further matches.
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