Celtic earned £12.6million for reaching the group stage and winning one of their six matches in 2013/14 . The same performance next season would bring in at least £16m . In addition to this revenue, there is also a significant amount that comes from TV money which can be generated by selling broadcast rights or through sponsorship deals with companies such as Heineken ( HNZ - A Scottish club participating in the group stage of the junior competition now stands to make in excess of £4m .
Celtic earned £12.6million for reaching the group stage and winning one of their six matches in 2013/14 . The same performance next season would bring in at least £16m . UEFA will also seek to narrow the gap between the cash available to Champions League and Europa League clubs . A Scottish club participating in the group stage of the junior competition now stands to make in excess of £4m .