An exciting claim has been made regarding Rangers’ potential revenue for the 2022/23 campaign…
Finance expert Kieran Maguire has reacted to claims that the Gers could make £20m from Champions League qualification by revealing that the figure could actually be much larger than that.
Rangers will qualify for the group stage of the competition if they win the Premiership title, rather than heading into the qualification rounds and potentially dropping into the Europa League.
Maguire told Football Insider: “Pre-[pandemic], they were making about £60m.
“So that is increasing your revenue by a third. That is transformational. When he talks about £20m, that’s a worst-case scenario. You get €2.7m for every victory and €900,000 for every draw. A few good results for Rangers and that £30m becomes £40m.
“Then, if you manage to make the knockouts, £40m can become £50m and so on. That’s enormous. It also has an impact on your UEFA coefficient, so it becomes a virtuous circle.”
Ross Wilson will surely be left buzzing by this claim from Maguire as it directly relates to his role at Ibrox. He is tasked with making key decisions on the football side of the club, and having an extra £20m to £50m to spend would have a major impact on his job.
Not only would it broaden his horizons in terms of the level of player he could look to attract to Rangers, it would also mean that more funds are available to retain key players and to improve the club’s facilities. They could provide further funding to the academy and the first team training ground to give Giovanni van Bronckhorst the best possible tools to get 100% from his squad.
Wilson could afford to spend an extra million or so when attempting to seal a transfer, whereas he may be forced to give up on a deal for the same price in current circumstances. It would give him extra leeway in his negotiations and potentially raise the bar on the calibre of signing he can make as a result of the added finances, which could be exciting for him and for Van Bronckhorst.
The Ibrox chief will now be hoping that the Dutchman is able to see the team through to Premiership glory between now and the end of the season to clinch qualification for the group stage of Europe’s top club competition. Wilson will be elated as the prospect of having another £20m to £50m in the bank, while supporters will surely be excited for Champions League football to return to Ibrox…