Rangers are set for a staggering windfall from the pot of gold that is the Champions League – if they get there.
Anyone who thought the £5M Rangers got for making the group stage of the Europa League was decent has seen absolutely nothing yet given the filthy lucre the premier European competition will offer.
Quite simply, getting to the group stage and negotiating both qualifiers in this competition will earn a core base guaranteed minimum of £16M. That’s right, over three times the earnings from the same stage in the UEL already.
But then it REALLY gets serious. Every win in the Europa League? £450K. In the Champions League? Closer to 6 times that – £3M. A draw? £1M. Europa? About £300K.
So for getting to the group stage and managing a couple of wins and a couple of draws, a staggering £21M.
But this is only half of the story. Gate receipts, assuming fans are back, will give Rangers £2.5M a pop per match at Ibrox, and securing group stage means a minimum of 5 home matches. £12.5M.
And then we have the TV funding. Yes, this is more crazy numbers – the TV cash for group stage is £16M for Scotland – but it’s divided among all participating teams. Should Rangers be the only side to get to the group stage, the lot comes to Ibrox.
So, in a worst-case scenario, with Celtic also making it too, Rangers would make £36M from the UCL. That’s with no wins and Celtic taking half the TV cash. Of course Celtic would also make that same cash too, but then they have been doing so the past few seasons and done nothing with it.
But if Stevie and his men get some wins and Celtic don’t make it? It becomes anything from £40M-£50M+
And that’s club-changing money.