IBROX EXCLUSIVE: UEFA report puts Rangers in Europe’s top 20.

IBROX EXCLUSIVE: UEFA report puts Rangers in Europe’s top 20.

According to a UEFA assessment, Celtic and Rangers have been “propelled” into the top 20 in Europe for gate revenue.

However, as the new numbers stack up nicely for the Parkhead coffers in particular,

the Premiership winners are on their own when it comes to kit sales and commercial money.

The European Football Association (EFFA) has released the European Club Finance and Investment Landscape for 2023,

which compares the performance of the best teams in the league in several important financial categories.

Powerhouses like Real Madrid and Manchester City rule in areas you might assume, such as revenue growth,

yet the English Premier League clubs have an unfair advantage in the TV income rankings because of their exclusive, lucrative contract with Sky Sports.

No other nation can match this arrangement. However, the two biggest teams in Glasgow are competing in other areas as well,

including as the number of fans they are drawing.

Only five teams in the top flight of England’s south attracted as many spectators as Celtic and Rangers,

who had reportedly been “propelled” into the top 20 together with Marseille and Ajax in the past year. The report credits “large supporter bases” for that.

Rangers’ gate revenue dropped from £43 million to £41 million, while Celtic’s increased from £37 million to £40 million, putting them almost evenly matched.

since you continue to scroll down the thorough report, Celtic’s situation appears even more favorable since they are now playing against the best on two fronts.

The Hoops’ massive £32 million pre-tax profit for the six months ending in December 2023 was mostly attributed to shirt sales and commercial revenue.

Additionally, that is reflected in the UEFA statistics. With an impressive £8.5 million increase over the previous year to £46 million,

they are now in the same conversation as Napoli and Inter. The selling of apparel, sponsorships,

and other commercial endeavors all count toward commercial revenue, and it appears like the Hornets are making progress in this area.

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