Rangers are set to land a big cash reward from UEFA following their 3-2 win over Standard Liege at Ibrox on Thursday night.
The Gers came from behind twice through goals from Connor Goldson and James Tavernier (pen) before Scott Arfield secured all three points in the 63rd minute.
The win was enough to secure their place in the Round of 32 with a game to spare and the Gers will be financially rewarded for their achievement.
The Times reported in October that UEFA had written to clubs to inform them that minor cuts would be made to prize money pots 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 win in the Europa League group stages was worth €570,000 (approx. £516,000) and this amount has been added to their overall total for this season by Football-coefficient.eu.
Based on their calculations, following a sizeable 10-year coefficient payment, rewards for progressing through three rounds of qualifying and then for securing three wins and two draws to date in Group D, Rangers have accumulated €6,907,170 (approx. £6,251,000) in prize money so far this season.
Those calculations don’t include a bonus for reaching the Round of 32, though, which last year was €500,000 (approx. £452,500).
Adding another half a million euros to the Gers’ estimated 2020/21 tally would take them to €7,407,170 (approx. £6,703,000).
The recent release of Rangers’ annual report showed how important European prize money is to the club, so the board will be delighted with the team’s success.
There’s yet more prize money to be won from Group D, too, with a final game remaining against Lech Poznan and a bonus on offer for finishing top of the group.