Celtic in the money after Champions League progress

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Reaching the last 16 means Celtic will collect at least 9.4 million, just over £6.7 million at current exchange rates, in prize money from UEFA from this season's Champions League.

Already guaranteed 5.4 million (almost £3.9 million) for simply participating in the group stage, Celtic will receive a bonus of 1.8 million - almost £1.3 million - for the three victories they recorded in Group D. For making it to the first knockout round, they have earned an additional 2.2 million, a little less than £1.6 million.

On top of the prize money, Celtic will also bank a cheque from UEFA's market pool of broadcasting revenue and sponsorship deals. Unlike last season, however, Celtic will not have the Scottish slice of that pie to themselves.

It will be shared with Rangers, who also made it

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