Next season will be “massive” for Rangers and Celtic with a potential Champions League group place on the line, according to Alan Hutton.

The former Gers defender, speaking exclusively to Football Insider, admitted winning the Premiership could result in a “huge” financial windfall for either club.

As detailed by ESPN’s Dale Johnson, Scotland will finish 11th in UEFA’s coefficient rankings, meaning the league winners are all but certain to automatically qualify for the Champions League group stages.

Recent defeats for Dynamo Kiev and Shakhtar Donetsk meant Ukraine were unable to leapfrog Scotland in the standings.

Celtic have failed to qualify for the Champions League for the last two seasons.

They managed to reach the Europa League round of 32 last season.

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However, they did not make it past the group stages this term.

With huge European riches potentially on offer for the Premiership winners, Hutton has admitted next season is “massive” for both Glasgow giants.

“It’ll be one of the biggest seasons for a long, long time, if I’m being honest,” Hutton told Football Insider assistant editor Russell Edge.

“That kind of Champions League money put into the squad, that can really elevate you from your rival, whoever wins. The investment in the playing squad could be massive.

“In terms of the season, next season, it’s absolutely huge. Rangers and Celtic have done that well in Europe. Obviously Rangers more recently, for the coefficient to kind of build up.

“Getting straight into the Champions League, we used to see that in years going past. It’s obviously changed, but it’s such a big season next season.

“Whoever can win and go straight to the Champions League, the money windfall be huge.”

In other news, Hutton has revealed what he saw at Ibrox amid Rangers-Slavia Prague assault claims.