The Europa League revenue is going to be a huge boost for Rangers, but how much could they make from last-32 qualification?
Rangers are two games away from potentially reaching the last 32 of the competition in what’s been a terrific campaign. Starting in the first qualifying round, the club have been through so many tricky scenarios already in Europe.
Steven Gerrard’s men face Villarreal at Ibrox tonight in what’s sure to be a cracker. The prize of facing better opposition and increasing the club’s image in Europe will be the main factors for the club. But, if truth be told, the money gathered is certainly a huge carrot in qualification too.
So how much would Rangers truly stand to make should they overcome their Group G opponents?
According to official UEFA figures, this stands at around €500,000. That’s the flat fee for making the last 32, but that doesn’t include what the club will have already raked in from the competition this season. That money is a bonus payment for qualification. Should Rangers top the group, however, that figure would double to €1million.
Qualification rewards
Should Rangers qualify with two wins, they would receive a further €1.4million thanks to their performances over those two games. That’s because clubs are rewarded with €570,000 for a win.
Draws account for €190,000 per point. That means that, so far, Rangers will have earned €950,000 for their group-stage performances so far. Taking into account the fact Rangers have been selling out their Europa League home matches at £41 for adults, that would be an additional £2million per match. Of course, concession prices were £10 cheaper whilst juniors were a further £10 less also. That will have a reasonable effect on ticket revenue.
The club also didn’t go unrewarded for their qualification campaign. Around €3.7million was raked in for qualifying through the four rounds. This is mainly down to a huge group stage allocation of €2.92million.
Should Rangers progress beyond the last 32, they would bank an additional €1.1million. The prize money doesn’t go as high as you might think, however. The winners of the competition will take home a bonus payment of €4m. That’s less than €500,000 from what the winners of last season’s Scottish Premiership got.
It’s nothing compared to the big boys of the Champions League. Regardless, the European exploits have certainly been worthwhile, with the club set to bank a good few million from it.
