For reaching and taking part in the Europa League Final the Ibrox club will receive direct payment of £17m from UEFA for their participation.
For reaching the Play Off for a place in the last 16 of the Europa Conference Celtic will be paid £9m.
The usual financial fantasies have been flying about over the last couple of weeks with Stewart Robertson claiming that reaching last weeks final in Seville was equivalent to qualifying for the group stage of the Champions League. Robbo will be hoping that he isn’t back in the accountancy market any time soon.
A few people have asked how much #RangersFC earned for reaching the Europa League final. My estimate is £17m (€19.3m) TV money. Would have got another €4m if they had won the final.
This compare to #CelticFC £9m (€10.5m) for group stage plus Conference League knockout round. pic.twitter.com/2ECmC2VFDZ
— Swiss Ramble (@SwissRamble) May 24, 2022
#CelticFC earnings boosted by having a higher UEFA coefficient payment (€3.4m) than #RangersFC (€0.9m), as they are ranked higher based on performances in UEFA tournaments over the last 10 years (Celtic 38th vs Rangers 98th). Figures will be updated after this season. pic.twitter.com/jCbP47L698
— Swiss Ramble (@SwissRamble) May 24, 2022
In addition, both clubs’ revenue will include money for additional gate receipts and bonuses in commercial deals, partially offset by higher variable compensation for players and other staff.
— Swiss Ramble (@SwissRamble) May 24, 2022
The figures don’t include ticket money, an area that the Ibrox fans contributed greatly towards with the most expensive group stage tickets plus four knock-out ties.
Those matches would have brought in serious money with 50,000 capacities at all seven games. Against that there are a number of running costs such as policing, stadium staff with VAT deducted at 20% from ticket prices.
Bonuses will have been paid to the players and coaching staff. There is no doubt that the run to Seville has brought in very significant money but nowhere close to the revenue that that Champions League brings in, if only Mister Gerrard has got past Malmo and through the Play Off round.