Celtic will play no part in the newly formed European Super League but the impact of the institution on the Bhoys, and indeed around the globe, will be considerable.
In a presumably dark and dingy room somewhere, a person or group of people decided that alienating football fans for the rest of time was a good idea. In many senses, this will mark the death of football as we know it.
Money has taken over the game but that is no new story. What is fresh, however, is the idea of taking the prize pot away from almost every club in Europe.
For the 12 founder members, including Arsenal, Chelsea, Manchester United, Manchester City, Tottenham and Liverpool south of the border, they will reap the rewards while the clubs around them falter, crash and potentially die. Certainly at a grass-roots level, football will struggle.
Fortunately, protests have already begun as a revamped Champions League is brought into the limelight in order to combat the ESL.
This is set to have huge ramifications for Celtic, consequences that could actually benefit the club.
Get French Football News shared on Monday that UEFA’s Executive Committee had voted unanimously in favour of a new 36-team Champions League due to begin in 2024.
After the Super League was officially announced, UEFA met and finalised their proposal for an expansion of the very best club competition in European football.
The format would see clubs put in four pots of nine teams, with the initial stage acting as one big league of 36 teams. After that, the clubs are put into a draw and assigned ten matches in the initial phase.
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The top eight clubs in the league would then progress to the knock-out stages.
But why does this have any bearing on Celtic? Well, it could mean more money and a greater chance of going far in Europe.
With more teams comes more spots and with the European Super League now in motion, the competition will wave goodbye to some of the favourites for the tournament.
Consequently, we could see sides like Celtic doing a lot better on the European stage.
The prize money in three years time could be considerably different but Bayern Munich pocketed around €130m for winning the trophy last season.
In 2020/21, those who qualified for the group stages received a payment of €15m with each win ensuring an extra €2.7m flows into the club’s financial reserves.
For getting to the last 16, teams receive €9.5m while if they advance to the quarter-finals, they receive an extra €10.5m on top.
Semi-finalists, meanwhile, are handed €12m and finalists an extra €15m on top of all of the other sums of money.
That cash is simply performance-based without considering television and matchday revenue.
The European Super League is incredibly bad news for football in general but it could actually be beneficial for Celtic, especially for majority shareholder Dermot Desmond.
After UEFA’s news early this week, he must be salivating over the thought of extra revenue and more money for both him and the football club.
Even if it doesn’t go ahead, extra spots to qualify for the revamped Champions League will go down nicely for the Hoops.