Media gets it all wrong over £50M Rangers’ UEL earnings
SEVILLE, SPAIN - MAY 18: Rangers fans enjoy the atmosphere watching the UEFA Europa League Final on a jumbo screen inside the Cartuja Stadium on May 18, 2022 in Seville, Spain. Eintracht Frankfurt will face Rangers FC in the UEFA Europa League final on May 18, 2022. (Photo by Pablo Blazquez Dominguez/Getty Images)
Rangers’ earnings today have been wildly misreported by moron UK press who want you to believe, for some reason, that the UEL earned more than the CL would have.
After a deeply misinterpreted tweet and report from respected blogger Swiss Rambler detailed his estimates for Rangers’ earnings, somehow media outlets interpreted it as a £50M windfall.
Sadly that’s not even remotely accurate, and the amount Rangers secured is indeed around £17M-£30M.
The tweet in question made a glaring typo, and the media, unable to interpret this, misreported the total:
“A few people have asked how much #RangersFC earned for reaching the Europa League final. My estimate is £17m (€19.3m) TV money. Would have got another €4m if they had won the final.”
Unfortunately SW excluded the word ‘including’ before ‘TV’.
His graph produces the real numbers and confirms TV cash was about £2M.
The final total around £17M in terms of raw prize money and TV rev, with the circa up to £15M for gate receipts taking into the £30M range.
It’s not half bad, but it’s sadly not the £50M the media are fawning about.
Still, makes a change that they lie about good news for once, isn’t it!