Stat shows incredible difference between Old Firm
Photo by Ian MacNicol/Getty Images

Celtic splashing out double what Rangers are on wages

The Old Firm wage difference has been laid bare by a new survey.

The Global Sports Salaries Survey by showed that Celtic splash out DOUBLE what Rangers do on player wages. The Parkhead side dwarf everyone in the country with their outgoings to players.

On average, Rangers’ rivals pocket an average weekly wage of £16,646. Rangers stars, on the other hand, take just £8,972 per week on average. Granted, what we would all do for that amount of money, but the difference between the sides are revealing.

Rangers players aren’t earning anything close to Celtic’s wages (Ian MacNicol/Getty Images)

Celtic players’ annual salary averages out to just under £1million. Rangers players, on the other hand, take home around £466,556 on an annual basis. This is less than half of their current Premiership rivals.

Champions League money has certainly helped Celtic reach those kind of figures. It shows the importance of reaching Europe’s elite competition, and Rangers must strive to do the same in the coming years.

Shows how impressive Rangers have been

Credit really must go to Rangers here. Despite being dwarfed in wages and whatnot, they’re still competing with Celtic at the top end of the table. The Ibrox side are just two points behind their rivals, which is good going heading into December.

This has all been done on just a fraction of the money Celtic currently have. It’s exactly what Rangers have to do in order to finally topple their rivals and start earning the riches for themselves.

Steven Gerrard has been closing the gap nicely this season (Andy Buchanan/AFP/Getty Images)

Celtic can afford an annual bill of £60million and bonus incentives of up to £1million per player. They earned more than three times the revenue that Rangers did last season at £102million. The Gers only raked in £33million.

Despite all of that, Steven Gerrard has shown he’s getting closer to closing the gap between the sides. Where Rangers have succeeded whilst Celtic have failed is in their recruitment. Rangers have recruited wisely, whilst Celtic fans have been critical of their side for their summer business.

Elsewhere in the survey, Aberdeen are the third highest for wages on £2,667, whilst Hearts come fourth at just over £500 less. The lowest spenders in the division are Livingston, who shell out just £671 each week on average to their players.

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