If the 11 diddy clubs stuck together they could have voted through a much fairer deal. So the question is WHAT THE HELL ARE THEY THINKING ABOUT.
Everyone gets less money in this situation, including Celtic and those who get their share increased by 0.5%. But thats because the value of the deal has gone down as a result of us refusing entry to the new club.
However Celtic are the biggest winners as they maintain their % of an already much bigger pot when in fact they were in the strongest position to take some of the hit.
Clearly if/when reconstruction comes along we could see the money for distribution to the lower leagues coming out of Celtics share, but I wont hold my breath.