Kieran Maguire issues Celtic warning as Rangers may rocket to £101m-plus after big reveal

Kieran Maguire issues Celtic warning as Rangers may rocket to £101m-plus after big reveal

Kieran Maguire

Kieran joined the Football Insider squad in January 2021 and provides clarity for readers on the occasionally bewildering world of football finance. He is an author, university lecturer and all-round spreadsheet boffin. His 2020 book The Price of Football is a seminal work on the economic side of the beautiful game.

Published on

The financial gap between Rangers and Celtic could "open up" after Scotland secured an automatic Champions League spot worth £30million-plus. 

That is according to finance expert and Football Insider columnist Kieran Magure, speaking exclusively after Rangers were knocked out of the Europa League at the last last-16 stage by Slavia Prague in a 3-1 aggregate defeat last week.

Steven Gerrard's side's progress was enough to boost Scotland to 11th in Uefa's club coefficient rankings, up from 14th in 2019-20.

That means the winners of next year's Scottish Premiership will almost certainly secure automatic qualification for the Champions League group stages.

Maguire predicts that Celtic could pocket a minimum of £30m from automatic qualification but that Rangers could "open up a gap" if they retain their title.

He told Football Insider correspondent Adam Williams: "If we take a look at Celtic, the last time they made the group stages of the Champions League, they had revenue of £101m.

"That's compared to £70m last season. So you are probably talking about an extra £30m for the club at least.

"Rangers haven't earned more money than Celtic since 2010 but if they got in ahead of Celtic, that would open up a gap between them."

Celtic

Both Rangers and Celtic could appear in the competition from the 2022-23 season after Uefa confirmed that Scotland will get two Champions League spots.

Future Premiership champions will qualify automatically while the runners-up will first have to navigate the qualifying rounds.

www.footballinsider247.com