CELTIC assistant manager Johan Mjallby believes Champions League qualification can provide the club with a double boost.
The Parkhead side will have a play-off qualifier over two legs if they can overcome Finnish champions HJK Helsinki and the incentives for Neil Lennon's side couldn't be greater.
Mjallby believes qualifying for Europe's premier tournament could not only help the SPL champions attract better players but it could also help provide the funding to capture them.
He said: "I understand why some people are saying it is probably more important for us to reach the Champions League this season than previously because of the chances within Scottish football this summer and not having Rangers in the league.
"But when you are in the Champions League it always helps you attract players because they all want to play at that level and, secondly, it might also help us to make that possible in the financial sense.
"That's possibly two huge benefits to qualifying for the Champions League. And there are others. The excitement the competition creates is fantastic.
"It is a tournament everyone wants to be involved in, from the manager right through to the players and the supporters.
"Everyone loves the European nights at Celtic Park and they are special occasions."
Despite the golden ticket of the Champions League dangling in front of the Parkhead club, Mjallby remains focused with the task at hand.
After winning their second round qualifier 9-1 on aggregate, the Swede knows Helsinki will pose a tough test for his Bhoys.
He said: "We are fully aware we face two extremely difficult qualifying matches against HJK Helsinki and we'll need to hit the ground running.
"It isn't easy having such important games as your first competitive matches but there is nothing we can do.
"The important game is the first match at home. We need to try and make that count by keeping things tight at the back and hopefully creating some chances at the other end.
"We'll be carrying out extensive background reports on them and make sure we know as much about them as we possibly can."
Meanwhile, Beram Kayal is reported to be a target for Southampton boss Nigel Adkins. He is said to want to Hoops midfielder to team up with former Rangers skipper Steven Davis.