Rangers set for £14.4m windfall after new Europa League developments
Ibrox set for £14.4m windfall after new Europa League developments
According to sports financial specialist Dan Plumley, Rangers are set to receive a £14.4 million windfall as a result of the Europa League
format change. Philippe Clement’s team kicks off their European campaign on Thursday (26 September) with a trip to Malmo, before
welcoming. Tottenham to Ibrox later in the revised group stage. While the money on offer in Europe’s second-tier competition is far from
the riches of the Champions League, Plumley believes the Gers could still collect up to £16.9 million in prize money. “It has increased
slightly,” Plumley exclusively told Ibrox News.
“There are conservative estimates for Rangers here, but if you look at how the prize money is distributed and positioned, the group stage,
and the big league format, Rangers could potentially net between £14.4 million and £16.9 million.”
The top tier is determined by league performance, which is tied to wins, draws, and receiving incentives for on-field performance.
“But if you look at their current ranking against the other clubs in that competition, linked to the TV pot, if you look at the fixed fee for
participation, and Rangers’ position in that dynamic of clubs, they’re looking at £14.4 million in prize money.”
It’s stretched at the top end to £16.9 million if you win several games, and there’s also the increased ticket money from those home games.
As we speak, the sums on offer in the Champions League remain significantly higher, but that’s just a side note.
“But the increase in windfall in the Europa League will benefit Rangers and if you can get through to the knockout stages you can generate
more prize money further down the line.”
Although the Gers would prefer the cash boost offered by the Champions League, £14.4 million is not insignificant and might benefit
Clement’s side both on and off the field.
In recent years, the Light Blues have had to sell players to create funds for moves, so while the Europa League prize money is unlikely to
bridge the gap with Celtic, it will be beneficial in the long run at Ibrox.
In other Rangers news, one “magnificent” Gers player impressed during the Light Blues Premiership triumph over Dundee United.
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