According to Football Insider, Glasgow Rangers will receive a windfall of at least £18m if they manage to qualify for the knockout rounds of the Europa League.
Rangers on brink
After three games, the Gers lead the way in their Europa League group – they are joint-top with Benfica, with both unbeaten. The Ibrox outfit could even secure progress after the next matchday if they beat the Portuguese side and Standard Liege defeat Lech Poznan.
If they do make it through, they will receive more than £18m as a guarantee – they could be in line to rake in even more if they make it deeper into the competition.
Another financial boost
This has been a difficult year for clubs all around the globe, but Rangers appear to be doing well on a financial front. A recent extra release of £1m in shares means they are set to receive £13m in total in direct investment, and their performances on the pitch are helping boost the coffers as well.
Will Rangers make it further than the round of 16 this season?
Last season, Steven Gerrard took the 54-time Scottish champions to the round of 16, where they eventually lost to Bundesliga outfit Bayer Leverkusen. Whilst the financial records for the previous term have not yet been revealed, it is believed their European run earned them no less than £20m. In Scotland, in particular, that goes a rather long way. Their goal at the moment is to secure major silverware this term, but after that, Champions League qualification must be the objective. The funds on offer in Europe’s premier club competition are on a different level.
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