Rangers are still set to receive a cash reward from UEFA despite blowing a two-goal lead to draw 2-2 with Benfica at Ibrox on Thursday night.

The Gers went in front through Scott Arfield in just the 7th minute and when Kemar Roofe doubled the advantage with a superb strike midway through the second half, Steven Gerrard’s men looked to be on their way to three points.

Rangers v Benfica - UEFA Europa League

Kemar Roofe scored a spectacular second goal for Rangers in the UEFA Europa League clash against Benfica. (Photo by Alan Harvey/SNS Group via Getty Images)

Yet, Benfica repeated their heroics of three weeks ago, wiping out their deficit courtesy of a James Tavernier own goal and a fine strike from substitute, Pizzi.

It’s certainly not all bad news for the Gers, though. They stretched their remarkable unbeaten run to 22 matches in all competitions, while they will still receive a financial reward for the draw.

The Times reported in October that UEFA had written to clubs to inform them that minor cuts would be made to prize money funds over the next five years, so the exact amount Rangers are set to receive can’t be confirmed at this time.


However, during the 2019/20 campaign, a draw in the Europa League group stages was worth €190k (approximately £170k) and following Thursday night’s result, football-coefficient.eu added that amount to the Gers’ overall prize money for the season.

Subscribe to Rangers News TV now

Based on their calculations, following a healthy 10-year coefficient payment, rewards for progressing through three rounds of qualifying and then for securing two wins and two draws to date in Group D, Rangers’ total 2020/21 prize money stands at €6,337,170 (approximately £5.66m).

SL Benfica v Rangers: Group D - UEFA Europa League

Steven Gerrard’s side have already earned a lot of prize money in Europe this season. (Photo by Jose Manuel Alvarez/Quality Sport Images/Getty Images)

It’s an excellent total so far and following the recent release of Rangers’ Annual Report, supporters are aware of how key European prize money is to the club.

With two games remaining in the group stages and the Gers well placed to qualify for the Round of 32, the board will be hoping for several more financial boosts in December.

Have something to tell us about this article?