What does Champions League exit mean for Rangers?

Rangers' Champions League exit intends nan nine will miss retired connected astatine slightest £12m successful nan short word arsenic a result.

Their 3-1 aggregate conclusion by Dynamo Kyiv successful nan 3rd qualifying information intends it is nan Ukrainian broadside who advancement to look Salzburg successful nan play-off round, nan past shape earlier nan lucrative and inaugural convention phase.

Rangers will person budgeted for scenarios pinch and without Champions League shot travel nan autumn, but head Philippe Clement said "financially, it's a large quality for nan club" and would "also make a difference" to recruitment.

So really overmuch worse disconnected will nan Ibrox nine beryllium successful nan Europa League? In short, Rangers are looking astatine bringing successful betwixt a 5th and a 4th of what they would person successful nan Champions League, but it could summation depending connected performance.

Governing assemblage Uefa says, external £2.12bn will beryllium distributed to participating Champions League clubs successful 2024-25, while Europa League clubs will person a stock of £485m - astir 22% of nan Champions League monies.

Rangers reached nan Europa League information of 16 past term, while Celtic competed successful nan last group shape of nan Champions League.

Both clubs will not uncover their income streams successful their accounts for 2023-24 until later this year, but Rangers were a Champions League group shape nine successful autumn 2022 and elaborate £18.5m successful Uefa gross successful that year's accounts.

In nan erstwhile year, which related to Rangers' tally to nan Europa League final, nan nine received £17.3m successful Uefa prize money.

How overmuch of this season's £485m is distributed to Rangers depends connected really acold they spell successful nan title and really galore points they prime up astatine nan caller convention phase.

They are guaranteed £3.7m, compared pinch nan adjacent £16m Celtic are guaranteed successful nan Champions League's caller convention phase.

A triumph successful immoderate of nan 8 league-phase games Rangers will play would beryllium worthy successful nan region of £386,000 and a tie £129,000. The Ibrox nine will besides person a performance-related magnitude depending connected wherever they decorativeness astatine nan extremity of nan convention phase.

Qualification to nan Europa League knockout information is worthy £257,000 per club, pinch £1.5m nan prize for progressing to nan information of 16. The prize money increases to £2.15m successful nan quarter-finals, £2.6m successful nan semi-finals, £7m for reaching nan last and an further £6m goes to nan eventual winner.

Hence, for illustration Rangers successful play 2021-22, it would require a spot successful nan Europa League last to get adjacent to matching Champions League pre-knockout information information income.

One of nan astir discussed issues surrounding European shot for Scottish shot fans is nan co-efficient: nan measurement that influences wherever clubs and associations are classed and seeded.

Rangers, owed successful ample portion to their Europa League performances of caller years, really person a co-efficient 41 places higher than three-in-a-row champions Celtic. The Ibrox broadside beryllium astatine number 28.

Scotland's co-efficient - 17th down from 11th this twelvemonth - has benefitted from this successful caller years but has besides been affected by nan European performances of different Scottish clubs.

As an example, past play Rangers played 12 European fixtures, winning 4 and drafting five. Aberdeen, Celtic, Heart of Midlothian and Hibernian collectively generated 5 wins and six draws from 24 games.

With Scotland sitting beneath nan apical 15, it is expected that their champions adjacent play will look qualifiers to scope nan convention shape of nan Champions League, while Scottish Cup winners and precocious finishers successful nan Premiership will look a tougher way to convention aliases group games.

Celtic person secured nonstop introduction to nan Champions League group shape successful nan past 2 seasons and nan convention shape this term. Aberdeen and Hearts person been successful nan Conference League group shape complete nan past 2 seasons.

This season's results involving Scottish clubs will impact co-efficients nan play aft next. As good arsenic nan Glasgow clubs, Hearts are guaranteed European shot into nan autumn - successful either nan Europa aliases Conference League - while Kilmarnock and St Mirren are bidding to scope nan Conference League group stage.

Football finance master Kieran Maguire

This is efficaciously going to put a £20-30m spread connected apical of an existing spread betwixt [Celtic and Rangers] successful position of their finances*.

It's basal for Rangers to beryllium regularly participating successful nan Champions League for them to get backmost connected to much of an adjacent footing pinch Celtic.

Celtic person sewage nan benefits of somewhat higher commercialized revenues because they're being exposed to Champions League matches, they've sewage a bigger stadium, truthful they're generating much money connected lucifer day.

And nan SPFL TV woody is not important successful position of its wide impact, truthful so you go acold much reliant connected nan money from Uefa.

If Rangers are to genuinely beryllium challenging Celtic successful position of their expertise to lucifer wages and to lucifer nan nine successful nan transportation marketplace past they request to person adjacent aliases amended footing pinch regards to their information successful Europe.

*Celtic posted gross of £119.9m and Rangers took successful £83.3m for nan twelvemonth to June 2023