Celtic will receive at least €28.8m (£26m) from UEFA for participation in this season's Champions League group stages, the governing body has confirmed.

UEFA has announced details of payments to clubs for last year's competition, which will apply for three seasons, and the revenue from television deals is higher than previously anticipated.

A near-£900m broadcast deal signed with BT Sport, which started last season, has significantly increased the "market pool" payment to clubs, which is distributed based on the value of the TV market a club resides.

Celtic are counted as part of the UK market because there is no Scottish broadcasting deal with UEFA.

The value of the UK pot was projected to stand at between €110m and €125m but has now been confirmed as a record €143m.

The Scottish champions, who receive 10% of that pot, are therefore guaranteed €14.3m from the broadcast deal in addition to prize money for reaching the elite stage of the competition.

Participation in the play-off round nets Celtic another €2m, with a group stage place bringing in another €12m, meaning a total €28.3m was guaranteed before a ball was kicked against Barcelona, Manchester City or Borussia Monchengladbach.

Clubs net €1.5m per win in the group stage and €500,000 per draw. Brendan Rodgers' side have already picked up a point from their 3-3 draw with Manchester City and could yet earn more from remaining games.

The figures represent a significant increase on last season, where Celtic received €3m for exiting at the play-off round, €550,000 as a solidarity payment for not reaching the group stage and €5.8m for Europa League participation, making a total of €9.35m.

UEFA also confirmed solidarity payments for other Scottish clubs who played in Europe last season but failed to reach the Europa League group stage.

Aberdeen received €630,000, St Johnstone netted €200,000 and Inverness Caledonian Thistle earned €210,000.