By Kieran Maguire

19th Jul, 2021 | 2:06pm

Kieran Maguire: Uefa have handed Celtic multi-million advantage over Rangers on top of £13m guaranteed

Celtic have a better Uefa coefficient ranking than Rangers and so will earn more if both qualify for the Champions League group stages.

That is according to finance guru Kieran Maguire, speaking exclusively to Football Insider ahead of the Hoops’ first qualifying match tomorrow.

Ange Postecoglou’s first competitive game in charge is the first leg of the preliminary stage knockout tie against FC Midtjylland.

Celtic have not qualified for the group stages of the Champions League since the 2017-18 campaign.

But it has been over a decade since their arch-rivals Rangers reached the same stage.

Maguire explains how Celtic’s historic performance will give them a financial advantage over Rangers if both make it to the group stages.

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There are other bits added in terms of coefficient rankings,” he told Football Insider correspondent Adam Williams.

“Celtic are ranked 42nd and Rangers are ranked 114th in the 10-year Uefa coefficient.

“The way that Uefa operate is that they take the clubs who go to the group stages and they are ranked 1-32 according to their coefficient.

“So Real Madrid could be 1, Bayern Munich 2, Barcelona 3 and so on. And you get €1million for each extra share you have.

“So if you’re bottom of that you get €1m and if you’re top you get 32. That’s effectively how it works.

“Celtic have got a decent 10-year coefficient so that could add millions on top of the £13m you get for qualifying for the group stages.

In other news, pundit delivers Rangers verdict after being wowed by “exciting” Celtic signing.