So now obviously that we know Rangers will be in the Europa League yet again, where does this leave the finances. What can we salvage via Europe’s second-best club competition in terms of cash we can earn from it?

Ibrox Noise brings you a full breakdown of the monies we will make:

Participation is a baseline prize of £3.6M.

Gate receipts are £8M – 4x2M home matches. These are not guaranteed but let’s face it, Hampden/Ibrox will sell out.

TV cash – £4M.

A win is £300,000 and a draw is £90,000.

Coefficient is harder to measure. With the new format Europa League it is higher than the paltry £1M it has been in recent years, and it would appear Rangers will be closer to about £5M, but that’s a slight guess. It’s still miles below the Champions League.

So, total compared with the circa £60M from the Champions League?

£15.6M tops give or take. Scotland’s Coefficient X account reports only £11M. It’s still 4 or even 5 times less than the filthy lucre the UCL rewards, and Rangers have lost out big time on the prize money and potentially the coefficient payment.

Clement’s management and ‘that decision’ have cost Rangers big time. Let’s not blame the board for this one, Rangers had that match under control till Clement’s poor call to leave Jefte on and then add hapless Ben Davies to the mix proved costly. He’s 90% the cause of that loss.

We won’t shift from that, even if the fans at large still trust him.

Either way though, Rangers have lost £45M from this, and that’s a disaster. We’ve gifted Celtic around £45M they didn’t need and life will be easy for them for a long time.

We have shot ourselves in the foot, and we just keep doing it.

Poor.