The SPFL have revealed the amount of prize money on offer to Celtic, Rangers, Partick Thistle and Queen's Park in the Premier Sports Cup for season 22/23 with more than £2.1 million to be shared out between the rounds.
Each club participating in this season’s competition is guaranteed to receive at least £22,000 and the winner is bound to earn £350,000 in prize money, with further sums available for televised matches across Premier Sports. The total amount of cash to be distributed within the competition will amount to £2,157,000 – a rise of nearly £150,000 from last season.
Group stage action kicks off next month and while finishing bottom in a section rakes in £22,000, fourth-place finishers will earn £23,250 and third-place sides will take home £25,000. The five worst runners-up will be handed £29,000. In the knockout stages, the losing teams in the second round and quarter-finals will be awarded £50,000 and £80,000 respectively for their efforts.