NEWCASTLE have received an unexpected windfall after Celtic were knocked out of the Champions League.
The Magpies have had few positives in the summer transfer window.
Newcastle have banked £600,000 ahead of the Champions League
Celtic were dumped out in a Champions League qualifier
But Celtic ‘s penalty shoot-out defeat in a qualifier against Kazakh side Kairat Almaty means Newcastle will bank £600,000.
They have also been helped by Red Star Belgrade being beaten by Pafos.
Newcastle will now pocket £29.1million from participating in the Champions League – before a ball is even kicked.
While the Magpies will receive £1.8m for every win, with a draw earning £590,000.
Teams are also awarded £233,000 for each place in the league phase table, with the top eight clubs each taking in an additional £1.7m.
There are then prizes on store for each knock-out win, providing plenty of opportunity for Eddie Howe ‘s side to boost the coffers.
Newcastle have tried, in vain, to bring in a striker all summer, with Alexander Isak pushing for a move.
They were beaten to Hugo Ekitike and Benjamin Sesko and want Yoanne Wissa, but Brentford are refusing to budge from their £60million asking price.
Club chiefs have now turned their focus on Wolves striker Jorgen Strand Larsen .
Newcastle have also been offered the chance to sign Dusan Vlahovic and Juventus are willing to accept offers of around £26m to get him off their wage bill following the arrival of Jonathan David .
SunSport understands, though, that Vlahovic will not be leaving Turin this summer.
That is because Newcastle prefer Wolves ace Jorgen Strand Larsen despite having a £50m bid rejected by their Premier League foes .
Eze Chidiebere Paul
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