Rangers stand to bank a pretty penny after the club guaranteed progression to the UEFA Europa League Last 16 with victory over Real Betis.
The Gers put in a barnstorming display in Spain to leave the country with a victory over a local side for the first time in Ibrox history.
The 3-2 win has been branded one of the club’s greatest ever results by 9IAR legend Richard Gough with Rangers finishing top of Group C and avoiding a Champions League drop out in the playoff.
Rangers fans will also be delighted to learn that the Ibrox side are third in UEFA’s top 100 clubs in terms of coefficient points, with only Bayern Munich and Manchester City above them.
On the pitch the players are celebrating but all this success also has financial implications with prize money which we’re sure those on the Rangers Board are incredibly satisfied with.
Breaking down Rangers’ Euro prize money
Rangers fans might be eager just to add up the collective prize money from this season’s Europa League group stage, but it doesn’t tell the whole story.
The Ibrox side’s involvement in Champions League qualification also boosted the club’s coffers in early season with QR3 worth an initial €500k to the teams involved.
With Rangers also qualifying for the Playoff – where the club was defeated by PSV Eindhoven – Rangers earned a €5m parachute payment into the Europa League.
Rangers then earned around €3.63m for qualification for the Group Stage of European football’s secondary competition, with the club earning €1.2m for reaching the last 16.
This is one top of the €1.1m the club earned for finishing top of the ground with the club’s three wins worth €630k a piece (€1.89m in total) and two draws worth €210k each (€420k in total).
That means in total, in terms of UEFA prize money alone Rangers have earned €5.5m from the Champions League qualifiers and €8.24m from the Europa League campaign.
It means that excluding TV money and matchday revenue, Rangers have already raked in €13.74m – or £11.8m – of prize money from UEFA this season.
Europa League riches await next year
If Rangers fail to get any further along in the Europa League then the prize money will end on the figure quoted above.
But having just been to Real Betis and won – something Real Madrid failed to do four days previously – a delighted Philippe Clement and his team will genuinely fear no-one.
Throw in a squad desperate to avenge the pain of Seville in 2022 and suddenly Rangers look like a solid outside bet to once again put up a fist of making the Final of the competition.
This year held in Dublin, it is quite the scenario should Rangers navigate the knockouts but there are some big teams who could lie in wait this season.
Whatever happens, Rangers have already banked a pretty penny from their European forays this campaign with the £11.8m of UEFA prize money a welcome boost to the Ibrox coffers.
