By Frank McAvennie

10th Aug, 2021 | 11:20am

McAvennie: Rangers must beat Malmo tonight, the board have already spent the group stage money

Frank McAvennie insists all the pressure is on Rangers as they prepare for a vital Champions League clash with Malmo.

The Celtic icon, speaking exclusively to Football Insider, claims the Gers have to win for financial reasons.

Rangers face Malmo at Ibrox tonight after losing last week’s Champions League play-off first leg 2-1.

Steven Davis’ last-minute strike halved the deficit after two individual errors cost the Gers at the start of the second half last week.

Rangers don’t have the away goal advantage due to new UEFA rules, meaning they will have to beat the Swedish side convincingly to progress.

The Gers face another play-off round if they win tonight.

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This will leave them one step away from the significant financial boost of making the Champions League group stage.

McAvennie insists Rangers are under pressure as they may have already spent the money they have not yet earned.

“The pressure is really on now,” McAvennie told Football Insider correspondent Ben Wild.

“Knowing the Rangers board, they have probably spent the group stage money already.

“I think they had an eye on tonight’s game when playing Dundee but they should have still won.

“Rangers will be a different proposition tonight I’m sure. They just didn’t perform at the weekend.

“They need to start well so the crowd don’t get on their back.

“It’s a hard task but I think they will win. It would be a disaster if they lost.”

Rangers are looking to qualify fo the Champions League group stage for the first time in a decade.

Steven Gerrard’s side will face either Olympiacos or PFC Ludogorets should they overcome Malmo.

In other news, Scots pundit: ‘Stupid’ Gers are rocking the boat with new Celtic controversy.