CORK CITY are set to earn a bonanza sum of at least €800,000 for competing in the Champions League qualifiers this year.
And add in two home games where they will earn at least another €100,000 per game, and that figure is set to pass the magical million mark.
The Rebel Army will earn €280,000 for entering at the first qualifying round stage of the competition.
Should City get knocked out there, they will be parachuted into the second round of qualifying for the Europa League and earn €260,000.
If John Caulfield’s side then exit at the second round stage of qualifying for the Europa league they will get an additional €260,000 as each domestic champion club that doesn't make either the Champions League or Europa League group stages will receive that sum.
This means that City are set to earn €800k even if they fail to win a tie in qualification for either competition.
Dundalk, Shamrock Rovers and Derry City will enter at the first round stage of Europa League qualifying, each receiving €240,000 for entering at that point.
Stephen Kenny’s Lilywhites will be the only side from Ireland seeded in European competition this term when the draws are made for the qualifying rounds, largely thanks to their exploits in reaching the Champions League playoff round and Europa League group stages back in 2016.
All three have the chance to earn €260,000 should the progress to the second round, €280,000 if they get to the third and €300,000 if they are eliminated in the Europa League play-offs.
The winners of the League Of Ireland Premier Division earn €110,000, hence showcasing how significant European football is for domestic Irish clubs at the present moment in time.
Should an Irish club reach a group stage, there would be a guaranteed €2.95m for the Europa League or €15m for the Champions League.
Those sort of figures would be absolutely transformative for a League Of Ireland club.
The draw for the first round of qualifying for the Champions League and the Europa League take place on June 19.
The Champions league round one qualifying fixtures are scheduled to take place on July 10-11 and July 17-18, with the home and away legs to be made at the draw also.
The teams which Cork City could be drawn against for this round include Glasgow Celtic, Legia Warsaw, Malmo, Rosenborg, Red Star Belgrade and Ludogorets.