Glasgow Rangers will receive 2.6% more than expected in prize money if they manage to reach the group stages of the Champions League.

The Lowdown: Gers in with Champions League chance

The Gers enjoyed a magnificent 2020/21 campaign, winning the Premiership for the first time in 10 years without losing a single game in the division.

As such, they have earned the right to play in the Champions League next season. They will enter in the third qualifying round, with a couple of two-legged ties separating them from the group stage.

The Latest: Gers set for cash boost

It has now been revealed the Gers could be in line to receive 2.6% more than they would have last season for reaching the group stage (as per The Daily Record).

The previous windfall was €15.25m (£13.1m, DAZN.com), which has now risen to €15.64m (£13.4m, football-coefficient.eu).

The Verdict: Extra incentive

In the grand scheme of things, this may not seem like too much of a difference. For Rangers, though, it could prove to be a huge bonus. Compared to other leagues in Europe, there aren't seemingly unlimited funds involved in Scottish football - every penny truly counts.

For Steven Gerrard and his players, this will have no impact on their hunger for success - they will be desperate to compete in Europe's premier club competition regardless of the money on offer. For the club's hierarchy, though, it will be an important development, and they will be even more eager to see the Gers reach the group stages now that they know of the increased windfall from this potential achievement.

In other news, Rangers ramp up their interest in this 27-year-old.